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Thomas Wilson

Member since March 26 2012

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What's the difference between Tax evasion and Tax avoidance?

Tax Evasion is when tax payers avoid paying taxes by illegal means, such as intentionally misrepresenting the truth of his/her affairs to not be as liable to pay as much tax as they should. For example: claiming you have earned less and made less profits... (read more)

  answered 13 years ago