Evading Tax Can Only Result In Facing Penalties

Jamespaul0901 Jun, 2020Finance

Many of us don’t know much about tax evasion, yet knowingly or unknowingly we evade tax and then end up paying a big price later. Tax evasion is avoiding paying your taxes and then failing to report it, the most common one being the failing to report the financial gain. The government authority imposes strict and heavy penalties for evasion.