What is Tax Evasion? Legal Definition and Penal Sanctions
As Özkök Law Firm, we are addressing tax evasion, one of the most important issues of tax law, in detail for our valued followers. You can find the legal dimensions of this crime, which is frequently encountered today, its penal sanctions and its effects on our individual/corporate lives in this article.
What is Tax Evasion?
Tax evasion, to put it simply, is the crime of taxpayers not fulfilling their legal obligations and not paying or underpaying taxes that belong to the state through various methods. This crime can be committed by both individuals and companies.
Among the most common methods of tax evasion;
Making false or incomplete declarations: Preparing declarations that do not reflect the true income or assets,
Preparing false documents: Preparing false invoices or receipts to show income or expenses,
Reducing the tax base: Understating income or overstating expenses,
Obstacle to tax audits: Not providing necessary documents or providing false information to tax audits,
Failure to pay tax debts: Not paying tax debts on time.
