There has always been a distinction between tax avoidance and tax evasion…
There has always been a distinction between tax avoidance and tax evasion. Tax evasion is the illegal evasion of tax by deliberately misrepresenting their true affairs to the tax authorities, usually either by dishonestly understating or omitting income or by overstating or inventing expenses. In comparison, tax avoidance is reducing the amount of tax that … Continue reading There has always been a distinction between tax avoidance and tax evasion…