Evasion
in sentence
182 examples of Evasion in a sentence
Others claim that tax
evasion
creates an unfair advantage for informal firms, or that family-wide health care gives households no incentive to have more than one member pay social-security taxes.
Tax
evasion
and fraud – both common crimes – are drawing closer scrutiny from law enforcement agencies.
Tax
evasion
doesn’t just enable money laundering; it also robs the public sector of important resources.
Second, the G20 must commit to fighting tax
evasion
and to unraveling the murky system of tax havens and shell companies (brought to light earlier this year by the Panama Papers) used to pump money out of Africa.
Given that IUU represents a form of theft of national revenues comparable to tax evasion, the G20 has grounds to act on this front.
Regulators are gradually waking up to the fact that they cannot countenance large expensive-to-trace transaction technologies that facilitate tax
evasion
and criminal activity.
In the end, advanced economies will surely coordinate on cryptocurrency regulation, as they have on other measures to prevent money laundering and tax
evasion.
Decades of lawlessness have given Mexico a corrupt judicial system, lack of legal protection for minority groups, massive tax evasion, organized crime, and police viewed more as a threat than source of protection.
It is also prone to tax evasion, owing to different definitions of corporate income in the member states and the vast opportunities for cheating offered by ALP (since reference market prices often do not exist), not to mention profit-shifting to low-tax jurisdictions.
Rather than relying mainly on income taxation, as in the US, the Nordic countries rely on value-added taxation, which provides a relatively high amount of revenue with relatively low rates of
evasion
and few distortions to the economy.
In particular, we should push for partnerships between government and business to boost domestic resources for education, and eliminate illicit capital flows that deprive governments of the means to fund it, such as tax
evasion
and money laundering across national borders.
One characteristic of Swiss law is that it distinguishes between tax
evasion
and tax fraud.
Submitting an incomplete tax return, for example, would be tax
evasion
and is handled through administrative measures, including severe fines if necessary.
So, despite some foreign media reports, tax
evasion
is not legal in Switzerland; it merely is not a criminal offence.
The international implication is that Switzerland has traditionally offered international assistance in criminal tax cases that have elements of fraud, but not of
evasion.
By agreeing to adopt the standard on the exchange of information set out in Article 26 of the OECD’s Model Tax Convention, Switzerland will now extend administrative assistance to cover all tax offenses, including tax
evasion.
Incidentally, I think it would be far more revealing to draw up a list of those states that have destroyed or damaged the relationship of trust with their citizens to such an extent that they can only secure their tax revenues by criminalizing tax
evasion
and trampling on privacy.
They were convicted for financial crimes in a 2004 trial, but in August faced a fresh round of charges, including tax
evasion
and embezzlement.
In these regions, higher rates of corruption and tax evasion, together with smaller average firm size, undermine the production of credible information that financial markets need.
Another global challenge is taxation, which requires international coordination to stanch rampant avoidance and
evasion.
But powerful countries such as the US and European Union members could have done much on their own to limit tax
evasion
– and the race to the bottom in corporate taxation – if they so desired.
In June 2017, authorities ordered the popular Swahili language newspaper Mawio to cease publication for two years, after it ran a story about tax
evasion
by local mining companies.
And it has deployed a variety of methods – including weak intellectual property (IP) protections, technology transfers as a condition for joint ventures with Chinese partners,
evasion
of export controls, and regulatory harassment – to acquire such technologies from the US and other trading partners.
To be sure, the significance of that gesture should not be overestimated: Hu only had six months left on an absurd sentence of three and a half years, and Ai is still under legal threat for supposed “tax evasion.”
According to the policy’s opponents, what looked like carpooling was an
evasion
of it.
The new guidelines address this by calling for forgiveness of “original sins” – irregular or illegal activities or tax
evasion
by private entrepreneurs in their firms’ early days.
For example, tax
evasion
is pervasive, so increases disproportionately hit those who already pay, fueling a widespread perception of unfairness.
Monti attempted to address this, but moving from the current equilibrium to a better one, in which tax
evasion
is the exception rather than the norm, is a long-term project.
Last year, the International Consortium of Investigative Journalists released information about Luxembourg’s tax rulings that exposed the scale of tax avoidance and
evasion.
In other words, the countries from which the politically powerful tax evaders and avoiders come are supposed to design a system to reduce tax
evasion.
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