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Definition of avoision in English: avoision(also tax avoision) nounəˈvɔɪʒ(ə)nəˈvɔɪʒən mass nounThe arrangement of one's financial affairs so as to avoid or minimize tax liability in such a way that it is not clear whether this constitutes lawful avoidance of tax or illegal tax evasion. tax avoision is a consequence of the web of tax rules that has undermined compliance as modifier the higher the tax rate, the more popular the avoision schemes Example sentencesExamples - The term 'tax avoision' has come to be used to refer to those practices the speaker regards, not as dishonest evasion but, even so, as unacceptable tax avoidance.
- Such activity is closer to tax avoision, where avoidance shades into evasion, than are the government-sponsored schemes which are now to be arbitrarily chopped back.
- This other drug legalization movement is an example of what theorists call legal avoision.
- It is often difficult to distinguish avoidance from evasion. A new term, "tax avoision" was invented to describe the grey area between the two.
Origin1970s: blend of avoidance (see avoid) and evasion. Definition of avoision in US English: avoision(also tax avoision) nounəˈvɔɪʒənəˈvoiZHən The arrangement of one's financial affairs so as to avoid or minimize tax liability in such a way that it is not clear whether this constitutes lawful avoidance of tax or illegal tax evasion. tax avoision is a consequence of the web of tax rules that has undermined compliance as modifier the higher the tax rate, the more popular the avoision schemes Example sentencesExamples - This other drug legalization movement is an example of what theorists call legal avoision.
- It is often difficult to distinguish avoidance from evasion. A new term, "tax avoision" was invented to describe the grey area between the two.
- The term 'tax avoision' has come to be used to refer to those practices the speaker regards, not as dishonest evasion but, even so, as unacceptable tax avoidance.
- Such activity is closer to tax avoision, where avoidance shades into evasion, than are the government-sponsored schemes which are now to be arbitrarily chopped back.
Origin1970s: blend of avoidance (see avoid) and evasion. |