Free US Law Dictionary
BETA
Tax Evasion
Australia • British Virgin Islands
Canada • China • Colombia
France • Germany • Hong Kong
India • Indonesia • Ireland
Netherlands • New Zealand
Peru • Russia • Singapore
Tanzania • United Kingdom
United States • European Union
v • d • e
Tax rates around the world
Tax revenue as % of GDP
Central bank · Money supply
Gold standard Fiscal policy
Spending · Deficit · Debt Policy-mix Trade policy
Tariff · Trade agreement Finance Financial market
Financial market participants
Corporate · Personal
Public · Regulation Banking Fractional-reserve
Full-reserve · Free banking
Islamic
view • talk • edit • project
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 illegal means. The term tax mitigation is a synonym for tax avoidance. Its original use was by tax advisors as an alternative to the pejorative term of tax avoidance. Latterly the term has also been used in the tax regulations of some jurisdictions to distinguish tax avoidance foreseen by the lawmakers from tax avoidance which exploits loopholes in the law.
Some of those attempting not to pay tax believe that they have uncovered interpretations of the law that show that they are not subject to being taxed: these individuals and groups are sometimes called tax protesters. An unsuccessful tax protestor has been attempting openly to evade tax, while a successful one avoids tax. Tax resistance is the declared refusal to pay a tax for conscientious reasons (because the resister does not want to support the government or some of its activities). Tax resistors typically do not take the position that the tax laws are themselves illegal or do not apply to them (as tax protesters do) and they are more concerned with not paying for particular government policies that they oppose.
Tax Avoidance Or Tax Evasion?
IRS warns businesses and individuals to watch for questionable employment tax practices.
Tax Evasion Gone Wild
First Wesley Snipes, now this! Joe Francis, creator of the Girls Gone Wild Videos and DVD’s was brought up on tax evasion charges a while back and now they have moved his hearing to Los Angeles...
What is Tax Evasion & Tax Fraud?
If you have purposefully avoided paying your taxes, whether federal, state, or local, you have IRS Problems. Tax evasion, commonly called tax fraud, is a crime...
Zappers and Tax Evasion
You may have seen the article in the August 30 edition of the New York Times that discusses the use of ?zappers,? computer software that can be used to siphon cash from a business? receipts...
"No new grants; ruling on tax evasion"
"No new grants; ruling on tax evasion": Lyle Denniston has this post at "SCOTUSblog."
The U.S. Supreme Court today issued two decisions in argued cases...
No new grants; ruling on tax evasion
UPDATED TO 11:20 a.m.
The Supreme Court on Monday granted no new cases, but issued two rulings in argued cases: the first a decision spelling out when a stockholder may avoid taxes on a distribution from a corporation that has no earnings and profits by treating the income as a “return of capital” (Boulware v...
#1 Online Legal Resource
 |
|
Contact Us | About Us | Celebrity Law Blog |
Our Partners | Disclaimer
| Law Blog Directory
| Law Jobs
| Law Tweets
| GoDaddy Hosting
All original material © 1999-2009 by USLaw.com. |