MLchartDataset catalogue

Tax evasion

Term · Law · MLC-T-LAW-004844

The illegal act of deliberately misrepresenting financial information to avoid paying taxes owed to a government entity. This involves actions such as underreporting income, overstating deductions, or concealing assets. Tax evasion is a criminal offense, punishable by fines, imprisonment, or both, under statutes like 26 U.S. Code § 7201.

Table 1. Record
IdentifierMLC-T-LAW-004844
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-004844",
  "term": "Tax evasion",
  "field": "Law",
  "definition": "The illegal act of deliberately misrepresenting financial information to avoid paying taxes owed to a government entity. This involves actions such as underreporting income, overstating deductions, or concealing assets. Tax evasion is a criminal offense, punishable by fines, imprisonment, or both, under statutes like 26 U.S. Code § 7201.",
  "url": "https://mlchart.com/terminology/law/tax-evasion/"
}

Record 4,943 of 5,441 in Law terminology (MLC-0107). Request the full dataset.