Tax evasion – this legal term refers to the violation of hiding income, so the taxable base is being kept at a low level. In this way, the taxable person avoids paying taxes. See also “Tax avoidance”
Tax evaluation – this term applies in the area of Tax Law. There it refers to an evaluation of particular real estate, which is done by the Taxmen in order to determine the minimum price of the real estate. This…
Tax – this is money charged by the Government or the Municipality Authorities for services provided to the public.
Tariff quota – Within the sphere of Tax Law, the tariff quota refers to the customs goods that are subject of taxation when entering the border of a country for import.
Tangible property/asset – this legal term finds application in the area of Property Law. It refers to a physically existing property, which could be real property or moveable property.