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A classic tax avoidance operation is based on the buying and selling through tax haven shell companies to disguise true profits.
en.wikipedia.org Once a tax avoidance arrangement becomes common, it is almost always stopped by legislation within a few years.
en.wikipedia.org The same source suggested that tax avoidance was so big it became the engine of growth for the whole of the investment banking arm.
en.wikipedia.org In contrast, tax avoidance is the legal use of tax laws to reduce one's tax burden.
en.wikipedia.org Tax avoidance schemes marketed by the financial sector have also proven an irritant, and been countered by complicated anti-avoidance legislation.
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