(personal)
1. When people fill in the form of income tax, they will lower the income and increase the expenses.
2. In the entrance tax, people will deliberately fill in untrue content (including the classification of goods, quantity, amount, date, name of the consignor, etc.).
3. False donations. Some countries can through donation to reduce the tax paid. Then people will use fake donation document to do tax evasion.
(Company)
1. Buy invoices, real tax evasion. Overstatement of expenditures.
2. Conceal income.
3. A false declaration of the trading in order to avoid high land tax.
4. Transfer pricing
5. Related party transactions
Here are some examples of crackdown on tax evasion
1. Obama called on Congress to combat tax recovery of shell corporation
President Obama (6 May 2016) urged Congress to help combat shell corporation that engaged in financial crime because "Panama file" recently declassified highlighted tax evasion and money laundering around the world occur.
2. EU finance minister had a agreement on company tax evasion
- Combating international companies use excess debt financing to reduce the tax provisions.
-Because enterprises using this method will be transferred to the national debt interest can be deductible taxes.
-This agreement will be work in 2019 January
[Video] Crackdown on tax evasion
This article indicated the methods of tax evasion which we common found. Maybe the examples of how the tax evasion being crackdown can be more detail. And contrary to those methods mention in the article, it there any measure that government can formulate to prevent it?
回覆刪除The blog introduced different methods of tax evasion including the personal ways and the ways with companies. Also, there are two example with tax evasion. However, I think it will be much better if the blog can show us the results of measure.
回覆刪除The blog clearly showed the methods of how individuals and companies evade the tax and what actions that the government have take to solve the problems. But I think it will be better if your group also point out the effectiveness of those actions.
回覆刪除The above article showed the method of tax evasion of individual and MNC. It also showed how government take action to prevent tax evasion. However, it is a question that is those methods can stop those action.
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