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LSDefine

Simple English definitions for legal terms

evasion of tax

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A quick definition of evasion of tax:

Term: Evasion of tax

Definition: Evasion of tax means breaking the law by not paying the taxes you owe. This happens when someone hides their income or lies about how much money they make to avoid paying taxes. It is against the law to do this on purpose, and if caught, a person can be fined or even go to jail. Tax evasion is different from tax avoidance, which is when someone tries to legally pay less taxes by using special rules.

A more thorough explanation:

Evasion of tax

Evasion of tax is when someone breaks the law by not paying the taxes they owe. This can happen when a person or business hides their income from the government or lies about how much money they make. To be found guilty of tax evasion, a person must have intentionally tried to avoid paying taxes. If someone is found guilty of tax evasion, they can be fined or even sent to jail. Tax evasion is different from tax avoidance, which is when someone uses legal ways to pay less in taxes.

Example 1: John owns a small business and doesn't report all of his income on his tax return. He is intentionally hiding his income from the government to avoid paying taxes. This is an example of tax evasion.

Example 2: Sarah uses legal tax deductions to lower her tax bill. She is not breaking the law and is using tax avoidance strategies.

The examples illustrate the difference between tax evasion and tax avoidance. In example 1, John is breaking the law by hiding his income, while in example 2, Sarah is using legal ways to pay less in taxes.

evaluative fact | eviction

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JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
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@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
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i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
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