Home > Terms > English, UK (UE) > Tax avoidance

Tax avoidance

The act of taking advantage of legally available tax-planning opportunities in order to minimise one's tax liability.

This is auto-generated content. You can help to improve it.
0
Improve it
  • Part of Speech: verb
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Law
  • Category: Laws and acts
  • Company:
  • Product:
  • Acronym-Abbreviation:
More
Collect to Blossary

Other Languages:

More

Member comments

You have to log in to post to discussions.

Related terms

tax avoidance
Economy; Economics

Doing everything possible within the law to reduce your tax bill. Learned Hand, an American judge, once said: “There is nothing sinister in so arranging one’s affairs as to keep ...

tax avoidance
Law; Laws and acts

The act of taking advantage of legally available tax-planning opportunities in order to minimize one's tax liability.

tax avoidance
Financial services; General Finance

Minimizing tax burden through legal means such as tax-free municipal bonds, tax shelters, IRA accounts, and trusts. Compare with tax evasion.

tax avoidance
Business administration; Business management

The legal attempt to reduce the burden of taxation on an individual or organization.

tax avoidance
Law; Legal services; General law

Planning finances carefully to take advantage of all legal tax breaks, such as deductions and exemptions. Not tax evasion.

tax avoidance
Business administration; Financial management

The legal attempt to reduce the burden of taxation on an individual or organization. Compare with tax evasion.

amortization
Law; Laws and acts

Amortization is the payment of a debt in equal, regular payments; and is termed as amortization in law.

adverse judgment
Law; Laws and acts

Adverse judgment is that judgment which is against the party represented; and is termed as adverse judgment in law.

compensatory damages
Law; Laws and acts

It is an award of money to compensate for actual monies lost, as opposed to punitive damages.

circumstantial evidence
Law; Laws and acts

It is a fact that requires an inference to establish another fact and is known as circumstantial evidence.

diversity of citizenship
Law; Laws and acts

A federal court usually has jurisdiction only in cases involving federal questions or when the United States is a party. The major exception occurs when the parties involved in ...

embezzlement
Law; Laws and acts

The act of secretly and fraudulently taking money is termed as embezzlement in general law.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Language Category: Grammar

Isolating language

Isolating languages tend to form their words of single morphemes (that is, of roots without affixes). They often use several short words where another ...

Contributor

Featured blossaries

The Hunger Games

Category: Entertainment   2 19 Terms
Category:    1 0 Terms

Browers Terms By Category

TERMS

SOCIAL

EXTRAS

SOLUTIONS