Tax Avoidance

Business, Legal & Accounting Glossary

Definition: Tax Avoidance


Quick Summary of Tax Avoidance


The minimising of tax liability using legal methods. To be contrasted with tax evasion which has a similar objective but uses illegal means and is, therefore, a criminal offence.



Cite Term


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Page URL
https://payrollheaven.com/define/tax-avoidance/
Modern Language Association (MLA):
Tax Avoidance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. October 20, 2020 https://payrollheaven.com/define/tax-avoidance/.
Chicago Manual of Style (CMS):
Tax Avoidance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/tax-avoidance/ (accessed: October 20, 2020).
American Psychological Association (APA):
Tax Avoidance. PayrollHeaven.com. Retrieved October 20, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/tax-avoidance/

Definition Sources


Definitions for Tax Avoidance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.