Sentence examples for avoidance of tax from inspiring English sources

The widespread avoidance of tax only adds to the problem of financing government services.

Second, OFCs are thought to be aiding tax evasion, the unlawful avoidance of tax.

"It is blindingly obvious that the primary purpose … of the scheme was the avoidance of tax," he said.

The use of offshore structures can facilitate the avoidance of tax or the moving of money overseas.

Tax authorities are increasingly able to declare null and void any transaction whose sole purpose is the avoidance of tax.

The Secretary shall prescribe rules which reallocate items of income, deduction, credit, exclusion, or other allowance to the extent necessary to prevent the avoidance of tax imposed by reason of this paragraph.

Thus, for the sake of a handful of jobs, Ireland facilitates the avoidance of taxes by British corporations.

Although it is true that the incentive for smuggling is the avoidance of taxes, it is not true that only tax levels can explain the causes of smuggling.

Third, although avoidance of taxes and regulations is an important reason for informality, the productivity of informal firms is too low for them to thrive in the formal sector.

Stephen Shay, a Harvard Law School professor who has held senior tax roles in the US Treasury and who last year gave expert testimony on Apple's tax avoidance structures in a Senate investigation, said: "Clearly the database is evidencing a pervasive enabling by Luxembourg of multinationals' avoidance of taxes [around the world]." He described the Grand Duchy as being "like a magical fairyland".

The Ex-PATRIOT Act also provides that if the IRS finds that avoidance of taxes was a substantial purpose of expatriation, the individual who renounced citizenship will be barred from any type of re-entry into the United States.