Tax evasion

Updated: Aug 20, 2021

The deliberate defrauding of the Inland Revenue by making false tax returns or withholding relevant information regarding taxable income, whether revenue or capital. A criminal offence.

Reference: The Penguin Business Dictionary, 3rd edt.

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James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.