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Tag Archives: tax avoidance methods

Tax Avoidance: Methods of Tax Avoidance

Tax Avoidance: Methods of Tax Avoidance Tax Avoidance Reduction of tax taking advantages of loopholes and weakness in tax laws – without breaking the laws-immoral/unethical practice. Tax avoidance is saving taxes without actually breaking the law. It is using the loopholes of the tax law. It is not illegal but …

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Tax Evasion: Methods of Tax Evasion

Tax Evasion: Methods of Tax Evasion Tax Evasion An illegal practice where a person, organization or corporation intentionally avoids paying his/her/its true tax liability. Those caught evading taxes are generally subject to criminal charges and substantial penalties. Tax evasion is the way of reducing tax liability by illegal unethical and …

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