fiscal evasion
Hiding taxable income
Fiscal evasion is the illegal avoidance of tax obligations—hiding income, falsifying records, or otherwise cheating tax authorities.
The term is more common in European and international contexts; Americans typically say tax evasion.
The company was investigated for fiscal evasion after discrepancies emerged in their accounts.
- tax lawRules governing government levies
- revenue lossDecline in income
- offshore accountsBank deposits in other countries
- Swiss bankDiscreet Alpine financial institution
- numbered accountBank holding identified by digits
underreporting · hidden income · whistleblowing · audit · cash transactions · under the table · compliance · inequality · tax fraud · cooked books · falsification · penalties · corruption · creative accounting · shell companies · enforcement · slush fund · dirty money
- tax crimestax fraud, undeclared income, unreported income, hidden income, tax cheats
- taxationtax, income tax, sales tax, tax return, tax refund
fiscal evasiontax avoidance
Legal payment minimization
tax optimization · estate planning · tax shelter · tax compliance · tax planning
fiscal, evasion, fiscally, evaded, evading, evader, evaders, evasive, evasively