Tax evasion

Tax Evasion
Purposely or intentionally avoiding paying tax by the way of showing incorrect taxable income thereby doing fraud.It is a chargeable crime and it is different from making lawful adjustment to reduce taxable income.

tax evasion
n. intentional and fraudulent attempt to escape payment of taxes in whole or in part. If proved to be intentional and not just an error or difference of opinion, tax evasion can be a chargeable crime.

tax evasion : a willful and esp. criminal attempt to evade the imposition or payment of a tax [convicted of tax evasion]
tax fraud Federal offense of willfully attempting to evade or defeat the payment of taxes due and owing.

Tax evasion
Definition - Noun
: a willful and esp. criminal attempt to evade the imposition or payment of a tax <convicted of tax evasion>
Search Legal Dictionary ...

Expanded Legal Definition of Take-Down LightsTax Evasion A prohibited or illegal act or omission which is designed to reduce a person's tax liability.

In 1931 Capone was indicted for income tax evasion and various violations of the Volstead Act.

See also: State, Term, Information, Person, Law