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Tax fraud occurs when an individual or business entity willfully and intentionally falsifies information on a tax return to limit the amount of tax liability. Tax fraud essentially entailscheating on a tax returnin an attempt to avoid paying the entire tax obligation. Examples of tax fraud include...
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b. To receive as retribution or punishment: got six years in prison for tax fraud. c. To sustain a specified injury to: got my arm broken. 9. a. To perceive or become aware of by one of the senses: get a whiff of perfume; got a look at the schedule. b. To gain or have un...
There are many types of frauds, which can be classified into two main categories. Civil frauds are committed when information is intentionally or negligently misrepresented. For example, knowingly reporting false values on a tax form is a civil fraud. Criminal frauds involve acts of theft and dec...
blond, blonde, light-haired - being or having light colored skin and hair and usually blue or grey eyes; "blond Scandinavians"; "a house full of light-haired children" Adv. 1. fair - in conformity with the rules or laws and without fraud or cheating; "they played fairly" clean, fairl...
Tax fraud against the federal government consists of the willful attempt to evade or defeat the payment of taxes due and owing (I.R.C. §7201). Depending on the defendant's intent, tax fraud results in either civil penalties or criminal punishment. Civil penalties can reach an amount equal...
If you don’t report every element of your income—including bonuses paid by your employer and tips—then you are guilty of tax evasion. If you deliberately claim specific tax credits that you’re not eligible for, then you are committing tax fraud. ...
Payment of Taxxxxxx xny payment of orin respect ofTax (whether or not the same is primarily payableby the Groupand whether or not the Group has, or may have, anyright of reimbursementagainst any otherperson or persons) and includes any payment of Tax which would have been due to be made...
Payment in Lieu of Tax Agreement means that certain Payment in Lieu of Tax Agreement dated as of December 1, 2004 between the Borrower and the City, together with any and all amendments, modifications, supplements, renewals or restatements thereof. Sample 1Sample 2Sample 3Tailor This Clause Base...