tax avoidance

noun

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

Example Sentences

He has also shielded his tax information from scrutiny, and reporting in 2020 from The New York Times revealed years of income tax avoidance and chronic financial losses.

From BBC

"So in the vast majority of white-collar cases now, federal prison time results for a defendant," says Mr Medrano, who has both prosecuted and defended clients in similar cases of tax avoidance.

From BBC

Tax avoidance is not a criminal offence, unlike tax evasion.

From BBC

These are overwhelmingly changing non-dom tax status for wealthy people, clamping down on tax avoidance, applying VAT to private schools and introducing a windfall tax on big energy.

From BBC

Mr Sunak says these tax cuts will be paid for by a £6bn a year crackdown on tax avoidance and cutting the welfare bill by £12bn a year by the end of the next Parliament.

From BBC