Failure to file and pay income tax is a criminal offense called tax ________.

Name: Failure to file and pay income tax is a criminal offense called tax ________.
Brand: Quizplus
Rating: 4.8 (48 reviews)

Question

Quizplus · Accepted Answer

Tax evasion is the intentional act of not filing or paying income tax, which is considered a criminal offense. Fraud involves intentionally providing false information on a tax return, whereas tax avoidance involves using legal methods to minimize tax liability. Shirking and elusion are not commonly used terms in relation to income tax.

Failure to File and Pay Income Tax Is a Criminal