tax avoidance

noun

1. reduction or minimization of tax liability by lawful methods Compare tax evasion

Example Sentences

Why not get rid of the tax, and the tax avoidance, by radically simplifying the tax code?

From The Daily Beast

Tax evasion is illegal; tax avoidance is legal but distorts economic incentives.

From The Daily Beast

But this is an Italy that has grown significantly more hostile to tax avoidance.

From The Daily Beast

While individual Americans struggle every year with tax compliance, large companies spend billions on tax avoidance.

From The Daily Beast

In response, the British government launched a crackdown on tax avoidance, raking in £2 billion (roughly $3.3 billion).

From The Daily Beast