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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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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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