Tax Evasion

Tax Evasion

 Tax evasion is the general term for efforts by individuals, corporations, trusts and other entities to evade taxes by illegal means. Tax evasion usually entails taxpayers deliberately misrepresenting or concealing the true state of their affairs to the tax authorities to reduce their tax liability and includes in particular dishonest tax reporting, such as declaring less income, profits or gains than actually earned or overstating deductions,.Tax evasion is an activity commonly associated with the underground economy and one measure of the extent of tax evasion is the amount of unreported income, namely the difference between the amount of income that should legally be reported to the tax authorities and the actual amount reported, which is also sometimes referred to as the tax gap.

Tax Evasion

Tax Evasion

Tax Evasion

Tax Evasion

Tax Evasion

Tax Evasion

Tax Evasion

Tax Evasion

Tax Evasion