Tax avoidance

The use of legal means to reduce tax liabilities or to achieve favourable tax timing differences.

See also

• Anti-avoidance provision
• GAAR
• Arm’s length principle
• Base erosion and profit shifting
• Discovery assessment
• Her Majesty’s Revenue & Customs
• Inland Revenue
• Tax arbitrage
• Tax evasion
• Tax relief
• Taxable person
• Taxable transaction