undeclared income
Unreported taxable money
Undeclared income is money earned but not reported to tax authorities.
The term appears in discussions of tax evasion, cash-in-hand work, and the informal economy: The audit revealed thousands in undeclared income.
Sometimes called unreported income.
- underreportingStating fewer than actual
- cooking the booksManipulating financial statements illegally
- tax evasionIllegally avoiding government dues
- tax fraudIllegal underpayment of duties
- off the booksUnreported to authorities
cash in hand · money laundering · cash transactions · gig work · shadow economy · mattress money · offshore accounts · slush fund · barter trade · embezzlement · tax shelters · self-assessment · under the table · side hustles · tax loopholes · creative accounting · forensic accounting · paper trail
- tax crimestax fraud, tax evasion, tax cheats, fiscal evasion, underreporting
- hidden moneyhidden assets, hidden wealth, secret stash, cash stash, mattress money
- dirty moneydirty money, ill-gotten gains, illicit funds, illicit gains, proceeds of crime
- financial secrecybank secrecy, numbered accounts, Swiss banking, Swiss banks, offshore accounts
undeclared, income, declare, declared, declaring, declaration, declarations, declarative, declaratory