logo share us

Tax Avoidance

   

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.
Benefiting from tax laws in ways which were intended by governments (e.g., tax havens) is sometimes referred to as "tax planning".
Forms of tax avoidance which use tax laws in ways not intended by governments can be considered legal but is almost never considered moral in the press and public opinion.


   
   
💡

Learn more about Tax Avoidance.



More on financial management: Absorption Costing, Accounts Receivable Factoring, Credit Management, Credit Rating, Customer Profitability Analysis, more on financial management...

You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA.



MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.

We like to keep things short, and provide links to learn more about your subject.


add us to your desktop

Add MBA Brief to your desktop / iPad

   

© 2024 MBA Brief - Last updated: 28-5-2024  -  Privacy   |   Terms