Definition of “tax evasion” - English Dictionary


“tax evasion” in Business English

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tax evasionnoun [ U ]


illegal methods used by people or companies to reduce the tax they pay, or a particular situation where this happens:

He was arrested in October on charges of tax evasion and fraud.
Tax evasion schemes were responsible for over £16m of frauds last year.
fight/crack down on/curb tax evasion Government plans to crack down on tax evasion have met with protests from businessmen.
be accused of/charged with/found guilty of tax evasion Three executives were charged with tax evasion and harboring illegal aliens.

(Definition of “tax evasion” from the Cambridge Business English Dictionary © Cambridge University Press)