Definition: Tax Avoidance is the usage of the tax regime in a single legal territory to a person's or business firm's advantage to reduce the amount of tax that is payable by means that are within the law. |
More on financial management: Absorption Costing, Accounts Receivable Factoring, Credit Management, Credit Rating, Customer Profitability Analysis, more on financial management... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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