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Definition of the offense of tax evasion?

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Question added by FATEH BOUCHENE , institut d'emission , banque centrale d'algerie
Date Posted: 2017/07/04
Natty Magwira
by Natty Magwira , Revenue Officer , Malawi Revenue Authority

Tax evasion is a criminal offense that involves the deliberate and illegal act of evading the payment or reporting of taxes owed to the government. It typically involves intentionally misrepresenting or concealing financial information to reduce tax liability, underreporting income, inflating deductions, or engaging in other fraudulent activities to avoid paying taxes.

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