Tax Evasion - Free Essay Examples and Topic Ideas

Tax evasion refers to acts of illegal and intentional failure to pay taxes on the part of individuals, organizations or businesses. It involves hiding income or profits from the authorities, misrepresenting financial transactions, or claiming unallowable deductions. Tax evasion is a serious crime that can result in significant fines, penalties, and even imprisonment. It deprives the State of much-needed revenue, which could be used to support essential public services such as healthcare, infrastructure, and education.

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