Definition of avoision in English:

avoision

Translate avoision into Spanish

noun

(also tax avoision)
  • The arrangement of one's financial affairs so as to avoid or minimize tax liability in such a way that it is not clear whether this constitutes lawful avoidance of tax or illegal tax evasion.

    ‘tax avoision is a consequence of the web of tax rules that has undermined compliance’
    • ‘the higher the tax rate, the more popular the avoision schemes’
    • ‘It is often difficult to distinguish avoidance from evasion. A new term, "tax avoision" was invented to describe the grey area between the two.’
    • ‘Such activity is closer to tax avoision, where avoidance shades into evasion, than are the government-sponsored schemes which are now to be arbitrarily chopped back.’
    • ‘This other drug legalization movement is an example of what theorists call legal avoision.’
    • ‘The term 'tax avoision' has come to be used to refer to those practices the speaker regards, not as dishonest evasion but, even so, as unacceptable tax avoidance.’

Pronunciation

avoision

/əˈvoiZHən/ /əˈvɔɪʒən/

Origin

1970s blend of avoidance (see avoid) and evasion.