Tact employed to evade taxes
Fair people avoid taxes; unfair ones evade them. While the former is purely legal, and even appreciated to some extent, the latter has its tenets in illegality. There are brilliant minds employed however in ensuring the fruits of tax evasions and finding loopholes in books of law.
Value added tax, the newest arrow in Govt. quiver, adds up from wholesaler to retailer. Each in case tries to place the bigger burden on another for benefits of tax evasion. Under-reporting is the name of the game here.
There are ploys used in shirking off excess custom duties as well. Moreover, big time investors use tax havens like Switzerland or Bahamas to pass their stuff through their lenient double tax structures. Up to a point, there is a mode of legality too in this.
Black-heads even go to the extent of creating false companies to sieve off their resources. This has fuelled a few startling shams recently.
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