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to avoid tax

См. также в других словарях:

  • Tax avoidance and tax evasion — Tax avoidance is the legal utilization of the tax regime to one s own advantage, in order to reduce the amount of tax that is payable by means that are within the law. By contrast tax evasion is the general term for efforts to not pay taxes by… …   Wikipedia

  • avoid — a‧void [əˈvɔɪd] verb [transitive] TAX LAW if you avoid tax, you manage to not pay it legally, for example by the way that you enter profits or losses into your accounts: • Investing in this way allows savers to avoid tax upon withdrawal. compare… …   Financial and business terms

  • tax-sheltered — tax shelter ˈtax ˌshelter noun [countable] TAX ACCOUNTING a plan or arrangement that allows you to legally avoid paying tax: • Many investors used annuities as a tax shelter rather than as a retirement savings program. tax sheltered adjective …   Financial and business terms

  • Tax shelter — Tax shelters are any method of reducing taxable income resulting in a reduction of the payments to tax collecting entities, including state and federal governments. The methodology can vary depending on local and international tax laws.In North… …   Wikipedia

  • removal to avoid tax — Within a statute relating to forfeiture, some transfer of the thing involved from some definite place of manufacture, production, origin, or the like to some other place, whereat or wherefrom collection of tax on it might be less easily effected …   Black's law dictionary

  • Tax haven — A tax haven is a place where certain taxes are levied at a low rate or not at all. Individuals and/or firms can find it attractive to move themselves to areas with lower tax rates. This creates a situation of tax competition among governments.… …   Wikipedia

  • tax shelter — Legal methods taxpayers can use to reduce tax liabilities . An example is the use of depreciation of assets. Bloomberg Financial Dictionary * * * tax shelter ˈtax ˌshelter noun [countable] TAX ACCOUNTING a plan or arrangement that allows you to… …   Financial and business terms

  • tax — ▪ I. tax tax 1 [tæks] noun [countable, uncountable] TAX an amount of money that you must pay to the government according to your income, property, goods etc, that is used to pay for public services: • The President said he would cut taxes for… …   Financial and business terms

  • Tax exile — A tax exile is one who chooses to leave a country and instead to reside in a foreign nation or jurisdiction because personal taxes there are appreciably lower or even nil. Going into tax exile is a means of tax mitigation or avoidance. Legal… …   Wikipedia

  • tax shelter — /ˈtæks ʃɛltə/ (say taks sheltuh) noun an investment, allowance, etc., used by a person or company to reduce or avoid tax liability …  

  • tax-efficient — /tæks ɪ fɪʃ(ə)nt/ adjective referring to an investment which helps avoid tax …   Dictionary of banking and finance

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