eli5: Are tax evasion and avoidance the same thing, and if not, what’s the difference?

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eli5: Are tax evasion and avoidance the same thing, and if not, what’s the difference?

In: Economics

4 Answers

Anonymous 0 Comments

Tax evasion is not paying the taxes you owe.

Tax avoidance is not creating a situation where you owe taxes in the first place.

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