What is the Meaning of Tax evasion | Definition and What is Tax evasion
From the latin evasĭo, escape is the action and the effect of escape. This verb can refer to the leak, to avoid a danger or a difficulty or to take money or goods from a country illegally.
Tax (e), on the other hand, is an adjective which is linked to the belonging or relating to the tax authorities (all agencies engaged in the collection of taxes). The taxman is also the public Treasury in general.
The concept of tax evasion also mentions the action to avoid paying taxes established by law. It is a legal concept which implies a voluntary act of default of payment and which is condemned by the law because it is a crime or an administrative offence.
Also known as tax evasion, tax evasion involves the creation of silver to black (the wealth acquired by illegal activities or through undeclared to tax legal activities). This money is usually paid in cash because if it passes by the Bank, it is registered and the State may take knowledge of its existence.
Means by circumvention of the tax rules to avoid paying certain taxes under the protection of a loophole. This kind of workaround takes advantage of gaps in law drafting and differs from tax evasion because it does not violate the law. Indeed, it uses techniques and tricks within the legal framework.
Fiscal disobedience, resistance to taxes or tax objection is to refuse to pay a tax given due to a disagreement with the establishment of collection.