Authorities in Germany have also clamped down
on legal tax avoidance, where the outcome, when benefitting the richest most of all, is morally dubious.
Danny Alexander, the chief secretary to the Treasury, used the phrase in a speech promising a crackdown, not just on illegal tax evasion, but also on the use
of legal tax avoidance strategies.
«It is more elastic in both tax planning and tax advising, and
legal tax avoidance,» Kesselman said of the highest bracket.
It could be that his business didn't owe any taxes, or that he did clever things to avoid having to pay taxes (
legal tax avoidance), or that he did illegal things to avoid having to pay taxes (illegal tax evasion).
While this team member may not ever send me business, they will certainly save me huge sums of money over the long haul through tax planning and
legal tax avoidance.