tax evasion

American  

noun

1. the nonpayment of taxes, as through the failure to report taxable income.

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tax evasion British  

noun

1. reduction or minimization of tax liability by illegal methods Compare tax avoidance

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Etymology

Origin of tax evasion

First recorded in 1920–25

Example Sentences

Tax evasion also costs the country hundreds of billions in revenue.

From Salon • Mar. 22, 2021

Tax evasion carries up to 5 years in prison.

From Washington Times • Feb. 18, 2020

But the Internal Revenue Service suspects he committed numerous other crimes still under investigation: Tax evasion, money laundering, conspiracy and bankruptcy fraud, among others, court papers show.

From Los Angeles Times • Mar. 26, 2019

Tax evasion was rampant and Greece was rated the most corrupt country in the EU in 2012.

From BBC • Aug. 18, 2018

Tax evasion is a serious crime and it can be committed in many different ways.

From Encyclopedia.com • Mar. 21, 2018