| 单词 | tax avoidance |
| 释义 | tax avoidance Arranging one's affairs so that tax is not legally payable. Tax avoidance is thus entirely legal, as contrasted with tax evasion, which means finding ways of not paying tax that is in fact legally due, for example by making false tax returns. While in theory tax avoidance and tax evasion are entirely distinct, in many practical cases it requires expensive professional advice from a tax accountant to determine which description applies to any specific set of transactions. |
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