Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “tax avoidance”

tax avoidance

noun
 
 
TAX
a legal way of reducing the amount of tax a person or company would normally pay: The Inland Revenue estimates that it is losing at least £10 billion a year because of tax avoidance. tax avoidance measures/schemes → Compare tax dodge, tax evasion
(Definition of tax avoidance from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of tax avoidance?
Add Cambridge dictionaries to your browser to your website

Definitions of “tax avoidance” in other dictionaries

Translations of “tax avoidance”

Word of the Day

maiden

a girl or young woman

Word of the Day

Countability – grammar codes

by Dom Glennon​​,
November 26, 2014
Advices and informations Have you ever noticed strange codes in square brackets on entries in Cambridge Dictionaries Online and wondered what they mean? These are grammar codes, giving you a brief summary of how that word behaves grammatically. More information can be obtained by hovering your cursor over the code, and there’s

Read More 

ped-text verb

November 24, 2014
to text someone while walking I’m ped-texting, I’m looking down at my phone, 75 percent of the time.

Read More