What is Tax Evasion in Simple Words

Tax Evasion Definition


Duty elusion is the illegal elusion of levies by pots, trusts or individual. The tax evasion frequently entails taxpayers designedly misrepresenting the true state of their affairs to the duty authorities.

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For illustration, if someone transfers means to help the IRS from determining their factual duty liability, there's an tried to shirk assessment. 

Duty elusion occurs when the taxpayer either evades assessment or evades payment. Tax evasion has a relationship with money laundering crime.

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