Tax evasion and tax avoidance are terms that can be used interchangeably when considering corporate conduct.

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Tax evasion refers to illegal actions taken by individuals or corporations to avoid paying taxes owed, while tax avoidance refers to legal methods used to minimize tax liability. While the terms may be used loosely in everyday conversation, it is important to distinguish between these two concepts.

Tax Evasion and Tax Avoidance Are Terms That Can Be