tax avoidance

Definition of "tax avoidance"
  1. Actions to decrease what one owes in taxes and increase income after taxes
How to use "tax avoidance" in a sentence
  1. Accounting for deductions is a common method of tax avoidance.
  2. Utilizing tax credits properly can result in effective tax avoidance.
  3. Investing in certain bonds may be part of a tax avoidance strategy.
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