offshore tax evasion
Offshore tax evasion refers to the illegal practice of individuals or businesses hiding their income or assets in foreign accounts or jurisdictions to avoid paying taxes in their home country.
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Related Concepts (2)
Similar Concepts
- corporate tax evasion
- cross-border tax avoidance
- cross-border tax evasion
- illegal offshore accounts
- international tax evasion
- offshore banking
- offshore investments
- offshore tax havens
- offshore tax shelters
- penalties for offshore tax evasion
- penalties for tax evasion through complex overseas structures or trusts
- repatriation of offshore profits
- tax avoidance and evasion
- tax evasion
- tax evasion schemes