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tax avoidance
(redirected from Avoidance of Tax)

   Also found in: Legal, Financial 0.03 sec.
tax avoidance
n
(Economics, Accounting & Finance / Accounting & Book-keeping) reduction or minimization of tax liability by lawful methods Compare tax evasion
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.tax avoidance - the minimization of tax liability by lawful methods
minimisation, minimization - the act of reducing something to the least possible amount or degree or position
Translations
tax avoidance nelusione f fiscale


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The official also said that Iran plans to reach agreements with Portugal in a number of fields, including cooperation on standards, investment promotion, avoidance of tax and customs facilities.
Although inversions are presumably motivated by tax savings (in particular, the avoidance of US tax on foreign-source income and possibly also the avoidance of tax on US income in certain circumstances), market reactions are not typically positive, as might be expected under the naive view.
The Cabinet approved agreements with Ireland and Vietnam on avoidance of tax and dual tariffs.
 
 
 
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