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Evasion in sentence

182 examples of Evasion in a sentence

The legal charges against Khodorkovsky concern old privatization and tax evasion cases.
A Press Without PrinciplesNEW YORK – Julian Assange, the founder of WikiLeaks, is in the news again, this time after former Swiss banker Rudolf Elmer turned over to him confidential records on roughly 2,000 wealthy individuals that Elmer claims contain evidence of money laundering and tax evasion.
This can include broadening the tax base, reducing tax avoidance and evasion, improving tax collection, and developing new, cooperative international taxation strategies.
Governments should also work to improve tax compliance and reduce evasion, which requires limiting tax officials’ discretionary authority.
Excise taxes may be levied when goods leave a factory or arrive at a port, simplifying measurement, collection, and monitoring, while ensuring coverage and limiting evasion.
For example, capital mobility increases opportunities for tax evasion, given that tax authorities’ capacity to monitor their citizens’ overseas incomes is limited, and some governments and financial institutions systematically conceal relevant information.
In 2003, Russia’s wealthiest oligarch Mikhail Khodorkovsky – a vocal advocate of democratization and tireless critic of Putin – was imprisoned on trumped-up charges of fraud and tax evasion, and his Yukos Oil Company was driven to bankruptcy, broken up, and sold off to Kremlin cronies.
The crisis is an opportunity to achieve greater transparency on all fronts, including banking practices in rich countries that facilitate tax evasion in developing nations.
For all of their success, South Africa’s mini-taxis could not escape high accident rates, violent incidents over un-commissioned routes and fare levels, and tax evasion, which imposed high costs on society, prompting the government to regulate the service.
In 2003, Rosneft became an oil giant by grabbing most of Yukos, after that oil firm’s head and chief shareholder, Mikhail Khodorkovsky, was arbitrarily prosecuted and imprisoned for embezzlement and tax evasion.
Moreover, while large sums disappear through fraud, corruption, bribery, smuggling, and money laundering, the largest share of illicit financial flows is related to commercial transactions, often within multinational companies, for the purpose of tax evasion.
Common rules to eliminate cross-border tax evasion, and thus erase this perception, should become a priority.
No safe havens for tax evasion.
This sense of unfairness has fueled growing discontent and frustration among those who have seen their real wages fall, their jobs disappear, and their social benefits shrink because of tax evasion or a larger pool of recipients that includes immigrants.
Since then, the G-20 has become the premier forum for economic policy coordination among its members, giving concrete form to many of the ideas – for example, on a framework for balanced and sustainable growth, on financial regulation and supervision, and on action against tax evasion and fraud – that the EU proposed.
Unfortunately, reacting to corrupt businessmen in this way sets in motion a vicious circle: more regulation may lead to even more corruption in order to avoid it; higher taxes on wealth will bring about even more tax evasion, making the system even more tainted.
That path of evasion is reinforced by the nature of the political system created after the 19 th century Meiji restoration and that, notwithstanding the post-war constitution, has survived to our day.
Closing loopholes and cracking down on evasion are two ways to ensure that taxes are collected.
A shared commitment that builds on initiatives by the G-8 would make tax evasion that relies on tax havens or money laundering harder to hide.
Will they tolerate anonymous payment systems that facilitate tax evasion and crime?
China’s government, concerned about the use of Bitcoin in capital flight and tax evasion, has recently banned Bitcoin exchanges.
Of course, as I note in my recent book on past, present, and future currencies, governments that issue large-denomination bills also risk aiding tax evasion and crime.
It will thus reduce state expenditure on enforcing a widely violated law; remove marijuana growing and selling from the black market; enable any adult who wishes to use marijuana to do so; and introduce a tax on legal marijuana sales that will fill state coffers with revenue that formerly went to illegal growers (so long as there is no large-scale tax evasion).
But with VAT evasion in Greece as high as 50%, the hike will place firms that pay, which tend to be larger and more efficient, at an even greater disadvantage relative to firms that do not.
Greece should therefore focus first on building the legal and technical infrastructure to combat tax evasion.
Greece’s failure to implement them has allowed the clientelism, oligarchy, corruption, and tax evasion underpinning its economic and political dysfunction to continue practically unfettered.
And, at a recent meeting in Berlin, governments signed a deal to crack down on cross-border tax evasion.
But corruption, money laundering, and tax evasion are global problems, not just challenges for developing countries.
Corruption, tax evasion, and the capture of natural-resource revenues undermine the rule of law, weaken the social fabric, erode citizens’ trust in institutions, fuel conflict and insecurity, and hamper job creation.
Little more than a year after the Panama Papers underscored the extent of tax evasion by the world’s wealthy, the release of the so-called Paradise Papers has again exposed those – including many in Trump’s cabinet – who have poured large amounts of money into offshore tax havens.
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