Plain meaning
Illegal conduct intended to avoid paying tax, such as hiding income, falsifying records, or making false statements.
Also called
tax fraud
evasion
Key points
- Illegal conduct intended to avoid paying tax, such as hiding income, falsifying records, or making false statements.
- The exact result depends on the statute, program terms, administrative guidance, or court decision that applies.
- The concept can affect compliance obligations, eligibility, payment timing, or the economic effect of a policy measure.
- Tax evasion news affects enforcement, penalties, international cooperation, and public trust in the tax system.
Why it comes up
Tax evasion news affects enforcement, penalties, international cooperation, and public trust in the tax system. It can affect how tax rules are enacted, interpreted, enforced, challenged, or reported to the public.