Definition of tax avoidance in English:
The arrangement of one’s financial affairs to minimize tax liability within the law. Compare with tax evasion.
- Tyco International's acquisition accounting and offshore tax avoidance practices are also under scrutiny.
- The chancellor has already clamped down on tax avoidance by targeting complex arrangements, such as double trusts.
- In doing so, the individual takes account of personalised needs, maximum tax avoidance, investment options, and so forth.
Definition of tax avoidance in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan