tax avoidance

British  

noun

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

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Example Sentences

They too needed to avoid earning interest, but for reasons of Islamic law rather than tax avoidance.

From The Wall Street Journal • Mar. 20, 2026

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 • Jun. 12, 2024

Over the past several years, Littlejohn’s whistleblowing enabled revelatory reporting by the New York Times and ProPublica on tax avoidance by the super-rich.

From Slate • Mar. 25, 2024

Jesse Drucker is an investigative reporter for the Business section and has written extensively on the world of high end tax avoidance.

From New York Times • Mar. 9, 2024

“The accountant who wants to stay in business in America will be the one who focuses on designing creative, complex strategies, like tax avoidance or tax sheltering, managing customer relationships,” he said.

From "The World Is Flat" by Thomas L. Friedman