tax evasion

tax evasion
tax evasion n: a willful and esp. criminal attempt to evade the imposition or payment of a tax
convicted of tax evasion

Merriam-Webster’s Dictionary of Law. . 1996.

tax evasion
n.
The crime of paying less in taxes than the amount required by the government, such as by fraudulently reporting a lower income than what was in fact received.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


tax evasion

Collins dictionary of law. . 2001.


tax evasion
The intentional and fraudulent attempt to escape payment of taxes in whole or in part. If proved to be intentional and not just an error or difference of opinion, tax evasion can be a federal crime. Evasion is distinguished from attempts to use interpretation of tax laws or imaginative accounting to reduce the amount of payable tax.
Category: Criminal Law
Category: Small Claims Court & Lawsuits

Nolo’s Plain-English Law Dictionary. . 2009.


tax evasion
n. This term is generally used to designate criminal tax fraud, in which the taxpayer intentionally and deliberately understates her income or overstates her deductions and/or credits for the purpose of underpayment of tax liability. Contrast tax avoidance, the legal minimization of tax liability by aggressive interpretation of tax law.

Webster's New World Law Dictionary. . 2000.


tax evasion
The process whereby a person, through commission of fraud, unlawfully pays less tax than the law mandates.

Dictionary from West's Encyclopedia of American Law. 2005.


tax evasion
The process whereby a person, through commission of fraud, unlawfully pays less tax than the law mandates.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

tax evasion
n.
   intentional and fraudulent attempt to escape payment of taxes in whole or in part. If proved to be intentional and not just an error or difference of opinion, tax evasion can be a chargeable federal crime. Evasion is distinguished from attempts to use interpretation of tax laws and/or imaginative accounting to reduce the amount of payable tax.

Law dictionary. . 2013.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • tax evasion — ► NOUN ▪ the illegal non payment or underpayment of tax …   English terms dictionary

  • tax evasion — Illegal by reducing tax burden by underreporting income, overstating deductions, or using illegal tax shelters . Bloomberg Financial Dictionary An attempt to minimise the tax payable by illegal means, e.g., by reporting inaccurately. Financial… …   Financial and business terms

  • tax evasion — noun the deliberate failure to pay taxes (usually by making a false report) • Hypernyms: ↑evasion, ↑nonpayment * * * ˈtax evasion [tax evasion] noun uncountable …   Useful english dictionary

  • Tax Evasion — An illegal practice where a person, organization or corporation intentionally avoids paying his/her/its true tax liability. Those caught evading taxes are generally subject to criminal charges and substantial penalties. There is a difference… …   Investment dictionary

  • tax evasion — N UNCOUNT Tax evasion is the crime of not paying the full amount of tax that you should pay …   English dictionary

  • Tax avoidance and tax evasion — Tax avoidance is the legal utilization of the tax regime to one s own advantage, in order to reduce the amount of tax that is payable by means that are within the law. By contrast tax evasion is the general term for efforts to not pay taxes by… …   Wikipedia

  • tax evasion — tax e,vasion noun uncount the use of illegal methods to pay less tax or pay no tax at all ─ compare TAX AVOIDANCE …   Usage of the words and phrases in modern English

  • tax evasion — tax e.vasion n [U] the crime of paying too little tax →↑tax avoidance …   Dictionary of contemporary English

  • Tax evasion investigations — Under federal law, tax evasion, or tax fraud, is the purposeful illegal attempt of a taxpayer to evade payment of a tax imposed by the federal government. Conviction of tax evasion may result in fines and imprisonment. [26 U.S.C. § 7201.] The… …   Wikipedia

  • tax evasion — Minimizing tax liabilities illegally, usually by not disclosing that one is liable to tax or by giving false information to the authorities. Evasion is liable to severe penalties. Compare: tax avoidance …   Accounting dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”