tax evasion


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tax evasion

n.
Intentional nonpayment or avoidance of lawfully assessed taxes, especially through fraud or concealment of income.

tax evasion

n
(Law) reduction or minimization of tax liability by illegal methods. Compare tax avoidance
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tax evasion - the deliberate failure to pay taxes (usually by making a false report)
evasion, nonpayment - the deliberate act of failing to pay money; "his evasion of all his creditors"; "he was indicted for nonpayment"
Translations
References in periodicals archive ?
With the series of tax evasion cases being filed by the Bureau of Internal Revenue (BIR) against individual and corporate taxpayers, it is very important to know the nature, scope and process of the Run After Tax Evaders (RATE) Program, which was initiated in 2005 by the Department of Finance (DOF) and BIR.
The rules became stricter particularly after the financial crisis, but there is room for fighting tax evasion.
Islamabad -- The customs court has issued a non-bailable arrest warrant for the National Testing Service Director Dr Haroon Rashid in the money laundering and tax evasion case.
MANILA, Philippines Employees and officials of the Department of Finance (DOF) and its attached agencies who are suspected of corruption would be charged with tax evasion on top of forfeiture cases, the anti-corruption arm of the agency said yesterday.
Tax avoidance is legal and tax evasion is not, although lots of tax avoidance schemes are frowned upon.
LAHORE -- The Lahore High Court on Wednesday stopped the Federal Board of Revenue (FBR) from taking any coercive measures against singer Rahat Fateh Ali Khan over alleged tax evasion charges.
TAP) -- The brigade of investigation and fight against tax evasion officially came into operation on Monday, after Finance Minister Ridha Chalghoum inaugurated its headquarters on Monday in Tunis.
This comes as part of HMRC's continuing commitment to crack down on tax evasion crimes.
The Special Investigations Section of the Tennessee Department of Revenue conducted the investigation that led to Thursdays guilty plea of Fathi Alshinnawi, 69, to tax evasion, a Class E felony.
ISLAMABAD -- On surfacing mega tax evasion and money laundering scam of the country FBR has sent notice to Fatima Enterprises, a leading business group of Multan to pay forthwith tax amounting to over Rs 3.
By: Egypt Today staff CAIRO -- 14 June 2017: The Portuguese Real Madrid superstar Cristiano Ronaldo is accused of tax evasion on June 13 by the Economic Crime Unit of Madrid's criminal prosecution system.
According to sources, the department has not recovered such huge amount in tax evasion cases in the past.

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