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单词 tax avoidance
释义
tax avoidance
tax avoidance legally reducing tax liability. Tax planning is the activ- ity by which a taxpayer seeks to arrange his affairs so that his tax lia- bility is minimised; avoidance of tax within the limits of tax law is perfectly legitimate; tax evasion is the illegal activity of seeking not to pay tax (e.g. by failing to declare income).

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