Tax Evasion Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Tax Evasion, written in plain English, along with examples of how it is used.

What is Tax Evasion?

Purposely or intentionally avoiding paying tax by the way of showing incorrect taxable income thereby doing fraud.It is a chargeable crime and it is different from making lawful adjustment to reduce taxable income.Thus the government has to prove, that the person has intentionally tried not to pay their actual tax liability and not have neglected or defaulted, in order to charge as a crime.