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The difference between tax avoidance and tax evasion is the thickness of a prison wall.
Denis Healey

Meaning of "tax avoidance" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF TAX AVOIDANCE

tax avoidance play
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GRAMMATICAL CATEGORY OF TAX AVOIDANCE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Tax avoidance is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES TAX AVOIDANCE MEAN IN ENGLISH?

tax avoidance

Tax avoidance

Tax avoidance is the legal usage of the tax regime to one's own advantage, to reduce the amount of tax that is payable by means that are within the law. Tax sheltering is very similar, and tax havens are jurisdictions which facilitate reduced taxes. The term tax mitigation is sometimes used; its original use was by tax advisers as an alternative to the pejorative term tax evasion. "Tax aggressive" strategies fall into the grey area between commonplace and well-accepted tax avoidance and evasion. However, the uses of these terms vary. Laws known as a General Anti-Avoidance Rule statutes which prohibit "tax aggressive" avoidance have been passed in several developed countries including the United States, Canada, Australia, New Zealand, South Africa, Norway and Hong Kong. In addition, judicial doctrines have accomplished the similar purpose, notably in the United States through the "business purpose" and "economic substance" doctrines established in Gregory v. Helvering and in the UK through the Ramsay case.

WORDS THAT BEGIN LIKE TAX AVOIDANCE

tax accountant
tax adjustment
tax allowance
tax authority
tax band
tax base
tax bill
tax bite
tax bracket
tax break
tax burden
tax code
tax coding
tax collector
tax concession
tax consultant
tax credit
tax cut
tax demand
tax disc

WORDS THAT END LIKE TAX AVOIDANCE

abondance
abundance
accordance
advance
attendance
avoidance
belly dance
break dance
break-dance
child guidance
concordance
dance
dependance
folk dance
guidance
impedance
overabundance
school attendance
sun dance
tendance
war dance

Synonyms and antonyms of tax avoidance in the English dictionary of synonyms

SYNONYMS

Translation of «tax avoidance» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF TAX AVOIDANCE

Find out the translation of tax avoidance to 25 languages with our English multilingual translator.
The translations of tax avoidance from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «tax avoidance» in English.

Translator English - Chinese

避税
1,325 millions of speakers

Translator English - Spanish

la evasión fiscal
570 millions of speakers

English

tax avoidance
510 millions of speakers

Translator English - Hindi

कर परिहार
380 millions of speakers
ar

Translator English - Arabic

التهرب من الضرائب
280 millions of speakers

Translator English - Russian

уклонение от уплаты налогов
278 millions of speakers

Translator English - Portuguese

evasão fiscal
270 millions of speakers

Translator English - Bengali

কর পরিহার
260 millions of speakers

Translator English - French

l´évasion fiscale
220 millions of speakers

Translator English - Malay

pengelakan cukai
190 millions of speakers

Translator English - German

Steuervermeidung
180 millions of speakers

Translator English - Japanese

税金逃れ
130 millions of speakers

Translator English - Korean

세금 회피
85 millions of speakers

Translator English - Javanese

Panyegelan pajak
85 millions of speakers
vi

Translator English - Vietnamese

tránh đánh thuế
80 millions of speakers

Translator English - Tamil

வரி தவிர்ப்பு
75 millions of speakers

Translator English - Marathi

कर टाळणे
75 millions of speakers

Translator English - Turkish

Vergi kaçakçılığı
70 millions of speakers

Translator English - Italian

evasione fiscale
65 millions of speakers

Translator English - Polish

unikanie płacenia podatków
50 millions of speakers

Translator English - Ukrainian

ухилення від сплати податків
40 millions of speakers

Translator English - Romanian

evaziunii fiscale
30 millions of speakers
el

Translator English - Greek

φοροαποφυγής
15 millions of speakers
af

Translator English - Afrikaans

belastingontduiking
14 millions of speakers
sv

Translator English - Swedish

skatteflykt
10 millions of speakers
no

Translator English - Norwegian

skatteunndragelse
5 millions of speakers

Trends of use of tax avoidance

TRENDS

TENDENCIES OF USE OF THE TERM «TAX AVOIDANCE»

The term «tax avoidance» is regularly used and occupies the 80.035 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
63
/100
The map shown above gives the frequency of use of the term «tax avoidance» in the different countries.
Principal search tendencies and common uses of tax avoidance
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «tax avoidance».

FREQUENCY OF USE OF THE TERM «TAX AVOIDANCE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «tax avoidance» during the past 500 years. Its implementation is based on analysing how often the term «tax avoidance» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about tax avoidance

EXAMPLES

3 QUOTES WITH «TAX AVOIDANCE»

Famous quotes and sentences with the word tax avoidance.
1
Denis Healey
The difference between tax avoidance and tax evasion is the thickness of a prison wall.
2
David Sainsbury, Baron Sainsbury of Turville
I am not in favour of the takeover of excellent and strategically important British companies by struggling foreign firms whose actions are fuelled by tax avoidance, and who want to asset-strip the intellectual property of the British company and then dismember it.
3
John Whiting
Unmarried couples should get married - that's an excellent tax avoidance measure, if a bit drastic.

10 ENGLISH BOOKS RELATING TO «TAX AVOIDANCE»

Discover the use of tax avoidance in the following bibliographical selection. Books relating to tax avoidance and brief extracts from same to provide context of its use in English literature.
1
Taxing democracy: understanding tax avoidance and evasion
In this book, a number of experts develop the idea of responsive regulation in relation to taxation. They demonstrate how law in this area is undermining social norms and social norms are undermining law.
Valerie A. Braithwaite, 2003
2
Tax Avoidance and Anti-avoidance Measures in Major ...
This book focuses on the issues of tax avoidance, as well as on measures designed to combat it, in China, India, Brazil, and Mexico, with a focus on China.
Phyllis Lai Lan Mo, 2003
3
A Comparative Look at Regulation of Corporate Tax Avoidance
This volume surveys the anti-avoidance laws of more than 20 countries, including Europe, North America, Asia, and Africa.
Karen B. Brown, 2011
4
Tax Avoidance a Practical Guide for UK Residents
This book aims to give the reader, UK tax saving information, ideas, and techniques. The book is set out in a simple to follow format making it an interesting and exciting read for people interested in cutting their tax bill.
Samuel Blankson, 2005
5
Tackling tax avoidance
Dated March 2011. A supporting document for the Budget 2011 (HC 836, ISBN 9780102971033)
Great Britain: H.M. Treasury, Great BritainH.M. Revenue & Customs, 2011
6
Tax Avoidance in Australia
Every legal and accounting professional advising on tax and commercial matters will find this book a rich and useful resource through which to navigate the complex provisions that make up the general anti-tax avoidance rules.
G. T. Pagone, 2010
7
Lawful Income Tax Avoidance for the Qualified Wages and ...
This book is a wake-up call to the American legal community, and an insistence that it answer to the silent distress of millions of financially overburdened working people.
Richard C. DiMare, 2010
8
Tax Havens: International Tax Avoidance and Evasion
The revenue losses from this tax avoidance and evasion are difficult to estimate, but some have suggested that the annual cost of offshore tax abuses may be around $100 billion per year.1 International tax avoidance can arise from wealthy  ...
Jane G. Gravelle
9
The UK Tax System: An Introduction
Traditionally, the difference between tax avoidance and tax evasion has been that tax avoidance involves the taxpayer using the tax rules to his best advantage to minimise his tax liability, whilst tax evasion involves dishonesty where the ...
Malcolm James, 2009
10
Tax Avoidance Law in New Zealand (edition 2):
If a taxpayer has entered into a tax avoidance arrangement and failed to account for the income avoided by the arrangement, the Commissioner can assess the taxpayer for the unreturned income, relying on the exception that is now contained ...
James Coleman, 2013

10 NEWS ITEMS WHICH INCLUDE THE TERM «TAX AVOIDANCE»

Find out what the national and international press are talking about and how the term tax avoidance is used in the context of the following news items.
1
UK pledges tax avoidance crackdown, welfare cuts in budget
Britain's Treasury chief pledged to crack down on tax avoidance and evasion on Wednesday in the first budget put forward by an all-Conservative government in ... «Deseret News, Jul 15»
2
Australia to Crack Down on Corporate Tax Avoidance
Australia's treasury estimates that tax avoidance by multinationals costs the country more than 1 billion Australian dollars (US$800 million) a year in revenue, ... «Wall Street Journal, May 15»
3
Osborne just threatened tax avoiders with jail time and bigger fines …
Tax avoidance UK GettyCampaigners dressed as the three chancellors, George Osborne, Ed Balls and Danny Alexander, wearing Oxfam's famous big heads ... «Business Insider, Mar 15»
4
India defers anti-tax avoidance rules by 2 years - finmin
NEW DELHI India has deferred the roll out of anti-tax avoidance rules (GAAR) by two years to April 1, 2017, Finance Minister Arun Jaitley said on Saturday, ... «Reuters, Feb 15»
5
Of all the political sins, hypocrisy is worst – especially for Labour
Lord Fink yesterday was threatening to sue me because I'd said he was engaging in tax avoidance… I think this is a defining moment in David Cameron's ... «Telegraph.co.uk, Feb 15»
6
HSBC leaks: Lord Fink admits he took 'vanilla' steps to reduce tax
Referring to his threat of legal action, the peer added: “I didn't object to his use of the word 'tax avoidance'. Because you are right: tax avoidance, everyone does ... «The Independent, Feb 15»
7
With penalties so weak, tax evasion is worth the risk
Tax evasion is a risk well worth taking with such trivial penalties: in some ... this global story blew up in a week already dominated by a tax avoidance row: it was ... «The Guardian, Feb 15»
8
Ed Miliband: I won't back down on tax avoidance
He said: “There is nothing pro-business about defending tax avoidance. Millions of British people and businesses pay their taxes and they are damaged by this ... «The Guardian, Feb 15»
9
Obama's Plan to Address Corporate Tax Avoidance on Offshore …
President Obama is grabbing headlines for his new corporate-tax plan that would raise $238 billion over 10 years by assessing a 14-percent "transition tax" on ... «Huffington Post, Feb 15»
10
UK slaps tax dodgers with 25 percent 'Google tax'
The conservative government, led by Prime Minister David Cameron, says it is "clamping down on tax avoidance by multinational companies" with the new ... «CNET, Dec 14»

REFERENCE
« EDUCALINGO. Tax avoidance [online]. Available <https://educalingo.com/en/dic-en/tax-avoidance>. Apr 2024 ».
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