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2. Tax evasion vs. tax avoidance: What's the difference? Here's ...

   www.aol.com/finance/tax-evasion-vs-tax-avoidance...

   Simply put, tax avoidance involves legal strategies that can minimize your tax bill, whereas tax evasion is a failure to pay or a deliberate underpayment of taxes.

3. Tax evasion vs. tax avoidance: What's the difference and how ...

   www.aol.com/finance/tax-evasion-vs-tax-avoidance...

   The Internal Revenue Service has clarified this difference by saying: “Tax evasion is illegal … tax avoidance is perfectly legal.” With that in mind, here are the top five legal ways to ...

4. Tax avoidance - Wikipedia

   en.wikipedia.org/wiki/Tax_avoidance

   e. Tax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable by means that are within the law. A tax shelter is one type of tax avoidance, and tax havens are jurisdictions that facilitate reduced taxes. [1] Tax avoidance should not be confused with tax evasion ...

5. ‘Tax avoidance is a key skill to building wealth’: Scott ...

   www.aol.com/finance/tax-avoidance-key-skill...

   ‘Tax avoidance is a key skill to building wealth’: Scott Galloway reveals 2 legal tactics the rich use to reduce their tax bills Taxes help fund crucial public services, such as education ...

6. Tax evasion in the United States - Wikipedia

   en.wikipedia.org/wiki/Tax_evasion_in_the_United...

   The U.S. Internal Revenue Code, 26 United States Code section 7201, provides: Sec. 7201. Attempt to evade or defeat tax Any person who willfully attempts in any manner to evade or defeat any tax imposed by this title or the payment thereof shall, in addition to other penalties provided by law, be guilty of a felony and, upon conviction thereof, shall be fined not more than $100,000 ($500,000 ...

7. Tax evasion - Wikipedia

   en.wikipedia.org/wiki/Tax_evasion

   Tax evasion is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trusts, and others. Tax evasion often entails the deliberate misrepresentation of the taxpayer's affairs to the tax authorities to reduce the taxpayer's tax liability, and it includes dishonest tax reporting, declaring less income, profits or gains ...