Illegal by reducing tax burden by underreporting income, overstating deductions, or using illegal tax shelters.
Non-payment of taxes or an intentional underpayment of taxes.
the deliberate failure to pay taxes (usually by making a false report)
A failure to pay or a deliberate underpayment of taxes.
refers to activities, generally illegal, aimed at ensuring that tax is not paid. A high level of non-detection could lead to tax evasion in a highly competitive global business environment where businesses may be forced to adopt non-compliance facilities to compete with other businesses, thus exacerbating non-compliance (see tax avoidance). (p. 211)
The illegal understatement of income to avoid paying tax. Also, the failure to pay taxes which are legally due to the government.
willful failure to pay taxes
An attempt to minimise the tax payable by illegal means, e.g., by reporting inaccurately.
Illegal attempt to escape the impact of taxes.
Breaking the law to reduce tax bills (such as by concealing income) is called tax evasion.
Attempting to pay as little tax as possible by illegitimate means - eg lying about your true level of income.
Contrast with Tax Avoidance Illegal means to avoid paying taxes.
An illegal practice whereby an individual intentionally avoids paying their true tax liability. Anyone caught evading taxes is generally subject to criminal charges and substantial penalties.
Failure to pay taxes legally due the government, often by failure to report some income received or claiming false deductions.