tax avoidance Meaning in the Cambridge English Dictionary

Meaning of “tax avoidance” in the English Dictionary

"tax avoidance" in British English

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tax avoidancenoun [U]

uk   us  
the ​reduction, by ​legalmethods, of the ​amount of ​tax that a ​person or ​companypays
(Definition of tax avoidance from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"tax avoidance" in Business English

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tax avoidancenoun

uk   us   TAX
a ​legal way of ​reducing the ​amount of ​tax a ​person or ​company would ​normallypay: The Inland Revenue ​estimates that it is ​losing at least £10 ​billion a ​year because of ​taxavoidance. taxavoidancemeasures/​schemes
(Definition of tax avoidance from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “tax avoidance”
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