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tax avoidance
(redirected from Avoided Taxes)

   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 band has since then saved an estimated 30 million dollars in avoided taxes.
A US judge had given the IRS powers to issue summons to UBS AG (NYSE: UBS), some of whose US customers are said to have avoided taxes using their secret accounts in the bank.
 
 
 
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