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Meaning of tax avoidance | Babel Free

Noun CEFR B2

Definitions

The legal exploitation of tax rules to minimize tax payments.

uncountable

Equivalents

Deutsch Steuervermeidung
Ελληνικά φοροαποφυγή
Español elusión fiscal
Suomi veronkierto verosuunnittelu
Français optimisation fiscale
한국어 조세회피
Nederlands belastingontwijking
Português evasão fiscal

Examples

“Tax avoidance is a costly business to the US economy. Some of the country's best minds in the legal and accounting professions work⟳ around the clock searching for loopholes in the tax regulations.”
“Many mistakes are common in creating and administering a Family Limited Partnership, and these errors can reduce⟳ or eliminate its value as a tax avoidance tool.”
“Tax planning uses tax avoidance methods.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

tax avoision tax base tax bite tax bracket tax break tax cart

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