Overview#Tax (and Taxes) is a mandatory financial charge or some other type of levy imposed upon a Legal Person by a Government Entity
A failure to pay, or evasion of or resistance to taxation, is punishable by law.
Taxes consist of
Tax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable by means that are within the law. Tax sheltering is very similar, although unlike tax avoidance tax sheltering is not necessarily legal. Tax havens are jurisdictions which facilitate reduced taxes