FT MarketWatch

Tax evasion

Illegally avoiding paying taxes, failing to report, or reporting inaccurately. The government imposes strict and serious penalties for Tax evasion. Tax evasion is different from Tax avoidance, which is making use of Legal methods to minimize a Tax burden.

Related Terms: 9 Impose, Legal, Leg, OID, Rent, Repo, Tax, Tax evasion, Void
Other Related Pages: Category: Taxes Starting With: T
Additional Related Terms: 10-K, Adjusted balance method, Allowance for depreciation, Adjustable rate, Average daily balance method, Accrual of discount, After-tax basis, Amortization of premium, At par, All or any part