There are two ways to pay less in taxes: tax avoidance and tax evasion. Tax avoidance is a legal method of lowering your taxable income by structuring your affairs to take advantage of eligible ...

Tax season is ramping up and scammers are on the hunt for millions of Americans’ hard-earned refunds. Knowing the warning signs can prevent taxpayers from falling victim to tax schemes. Each year, the ...

The 2025 tax season has already begun, and millions of individual and business taxpayers will soon file their returns, hoping to owe as little as possible. Unfortunately, this can be a stressful ...

But as these methods become more aggressive, the line between legal tax avoidance and illegal tax evasion can become a blurry one. Tax Write-Offs You Shouldn’t Overlook You may be eligible for ...

Tax avoidance arrangements refer to scenarios where taxpayers ... The special tax investigation generally follows the below procedures: A Tax Inspection Notice (1) (《税务检查通知书（一）》) will be sent to the ...

It entails criminal or civil legal penalties. Tax avoidance is the legal practice of seeking to minimise a tax bill by taking advantage of a loophole or exception to the rules, or adopting an ...

Income tax authorities may now be able to issue reassessment notices under General Anti Avoidance Rules (GAAR ... barred for issuing the reassessment notice, said Ashish Karundia, Founder ...

HMRC has issued a "tax avoidance" warning as it urges millions of workers to check their payslips. HMRC, which operates under the Labour Party government, has taken to social media where it has ...