tax evasion Antonyms
No Synonyms and anytonyms found
Meaning of tax evasion
Wordnet
tax evasion (n)
the deliberate failure to pay taxes (usually by making a false report)
tax evasion Sentence Examples
- The wealthy businessman was accused of tax evasion, a serious offense punishable by law.
- Governments rely on tax revenue to fund essential services, making tax evasion a detrimental act.
- Tax evasion is a deliberate attempt to avoid paying the full amount of taxes owed.
- Offshore accounts and complex financial schemes are often used to facilitate tax evasion.
- Tax evasion undermines public trust in the fairness of the tax system.
- Tax evaders face penalties, including fines, imprisonment, and property seizure.
- Whistleblowers play a crucial role in exposing tax evasion schemes.
- Governments implement tax evasion detection measures, such as audits and data analysis.
- Tax evasion perpetuates income inequality, shifting the burden onto law-abiding taxpayers.
- International cooperation is essential to combat tax evasion, preventing individuals and corporations from hiding their wealth abroad.
FAQs About the word tax evasion
the deliberate failure to pay taxes (usually by making a false report)
No synonyms found.
No antonyms found.
The wealthy businessman was accused of tax evasion, a serious offense punishable by law.
Governments rely on tax revenue to fund essential services, making tax evasion a detrimental act.
Tax evasion is a deliberate attempt to avoid paying the full amount of taxes owed.
Offshore accounts and complex financial schemes are often used to facilitate tax evasion.
