the act of purposely failing to pay taxes is known as\n\n- withholding.\n- tax evasion.\n- a progressive…
the act of purposely failing to pay taxes is known as\n\n- withholding.\n- tax evasion.\n- a progressive system.\n- a tax penalty.
Answer
Brief Explanations:
Tax evasion is the illegal non-payment or underpayment of taxes. It involves the deliberate misrepresentation of a taxpayer's affairs to the tax authorities to reduce their tax liability. This includes dishonest tax reporting, such as declaring less income than actually earned or overstating deductions. It is distinct from tax avoidance, which is the legal utilization of the tax regime to one's advantage.
Answer:
tax evasion.