tax evasion

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tax evasion

reduction or minimization of tax liability by illegal methods

Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005

References in periodicals archive ?

He called for countries to work together to 'clamp down on tax avoidance.' In a second initiative, Keir Starmer, the director of public prosecutions has said that the need to 'deter, detect and prosecute' tax evasion' is greater now given our economic climate.

Action on avoidance; Your say

Mr Kariuki, who was charged with tax evasion, is said to have jetted into the country Monday morning, more than a week after an arrest warrant was issued against him.The prosecution has presented three files.

Flying squad re-arrest tycoon Humphrey Kariuki

"Scrutiny of bank transactions shows that cases of tax evasion worth 240 trillion rials (app.

Iran has 7 million POS terminals with unidentified owners

The Denmark central bank has called on banks to check their customers for tax evasion.

Dutch central bank calls on banks to check clients for tax evasion

Another reason behind tax evasion is that the FBR has failed to ensure that all the firms filed their returns.

Corporate tax evasion in Pakistan

Fauji Kabeerwala Power Rs270m, FFC Energy Rs30m, Foundation Power Company Rs130m, Attock Refinery Rs20m and TNB Liberty Power involved in tax evasion of worth Rs130m.

Nadeem Babar's Orient Power involved in tax evasion

33rd Street Bail Bonds recently launched their online guide located at http://bailorlando.com/tax-evasion-money-laundering/ that discusses penalties and jail time defendants can face if charged with money laundering or tax evasion. In the online guide consumers can read more about different scenarios that can be classified as money laundering.

Orlando Bail Bonds Agency Warns Consumers About Tax Evasion and Money Laundering

The statutory regulatory order (SRO) 116, which allowed DG I and I to conduct investigation into sales tax evasion, was declared illegal in a Lahore High Court (LHC) judgment in July 2017.

FBR detects over Rs14bn sales tax evasion

In the interview, Anastasiades suggested doctors might not want to join Gesy because their incomes would be monitored, implying that they were involved in tax evasion. He called on doctors to submit their tax declarations of the last seven years so "they could be rewarded accordingly within the Gesy framework." The alleged refusal of private doctors paying their full tax dues has been declared the main obstacle to Gesy, under which they would be unable to hide their incomes.

Our View: Accusing doctors of tax evasion not the way to see Gesy implemented

Tax evasion causes a serious burden for fiscal deficit in Pakistan, and continuing evasion, despite the constant amnesty schemes, must be taken very seriously.