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According to independent studies from the Joseph Rowntree Foundation and the Cass Business School, a single person needs an annual annuity income of at least £14,000 before tax to avoid relying on the state.
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Banks have used offshore tax havens to avoid taxes.
You may need specialist tax advice to avoid double taxation.
Capital gains taxes provide incentives to retain capital long past its "best before date" to avoid triggering tax penalties.
Rich taxpayers shifted income (and taxes) into 2012 to avoid higher tax rates in 2013.
There is also a gift tax, which is levied to make sure you don't simply transfer your money to your kids before you die to avoid the estate tax.
There is a distinction between tax avoidance - legal measures to avoid paying tax - and illegal tax evasion.
Stretch before exercising to avoid injuries.
Most importantly, however, they enjoy special tax privileges that enables them to avoid taxes.
Right now, thanks to a temporary stimulus incentive, a company only has to wait five years before selling those assets to avoid the tax.
However, social insurance taxes are subtracted to avoid double-counting.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com