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tax evasion

noun

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


tax evasion

noun

  1. reduction or minimization of tax liability by illegal methods Compare tax avoidance
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Word History and Origins

Origin of tax evasion1

First recorded in 1920–25
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Example Sentences

He was later convicted in 2002 on 10 counts of bribery, racketeering and tax evasion.

Other developed nations are also cracking down on anonymous shell companies, responding to fears about terrorist financing, and public outrage about corruption and tax evasion.

You can say that you want to “contribute fairly to taxes” and then argue that you’re paying everything that you owe — tax optimization is not tax evasion, after all.

Regardless of these charitable donations from the offshore entities, however, some attorneys said, Smith is fortunate to have avoided criminal prosecution, especially given the scale of the tax evasion.

The company sold off 17,500 apartments in 2007, after the family’s patriarch, Jared’s father, Charles Kushner, returned from prison for convictions on illegal campaign contributions, tax evasion and witness tampering.

Tax evasion carries a maximum penalty of five years, and thus it seems likely that Grimm would be covered by the provision.

Later that year, he was also tried for tax evasion, and was ultimately acquitted in both cases.

Tax evasion by our largest corporations remain a big problem.

The Chinese government detained Ai, an outspoken critic, for 81 days in 2011 on charges of tax evasion.

The speculation continued, the market crashed, and Mitchell was indicted in 1933 for tax evasion.

One might buy off an agent who was merely checking on tax evasion, but tobacco was another matter entirely.

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