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LEGAL WORD

Tax evasion

Legal term · Tax law

Tax evasion

  • Type: Legal term
  • Area of law: Tax law

1 What it means

Illegally avoiding tax by concealing income or falsifying records. Unlike tax planning, it is unlawful.

2 Use it in a sentence

Hiding cash sales is tax evasion.

3 Make it stick

Write your own sentence using Tax evasion about a case or topic you are studying this week, then check it against the meaning above.

4 Related words

Ad valoremAssessmentGSTInput tax creditRetrospective tax

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