Money for which the taxes are unpaid

Multi tool use
Is there a word to describe money that has been earned legally but for which the taxes haven't been paid. For example,
"Mr. X is known to evade tax; he has a lot of money".
single-word-requests
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Is there a word to describe money that has been earned legally but for which the taxes haven't been paid. For example,
"Mr. X is known to evade tax; he has a lot of money".
single-word-requests
add a comment |
Is there a word to describe money that has been earned legally but for which the taxes haven't been paid. For example,
"Mr. X is known to evade tax; he has a lot of money".
single-word-requests
Is there a word to describe money that has been earned legally but for which the taxes haven't been paid. For example,
"Mr. X is known to evade tax; he has a lot of money".
single-word-requests
single-word-requests
asked Jan 9 at 6:20
NGSKNGSK
236
236
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3 Answers
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To pay taxes on income, one declares it on an income tax form.
People get in trouble with the government if they are found to have undeclared income
Here is an example usage from the website TaxAid.org.uk:
If you have undeclared income, you have broken the law and, from HMRC’s point of view, are guilty of tax evasion. This means that HMRC can prosecute, but will normally only do so in cases which involve fraud or false accounting.
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It is popularly called black money
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The word you are looking for is untaxed. It can refer both to things which are not required to be taxed as well as things which are required to be taxed but whose taxes have not been paid.
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3 Answers
3
active
oldest
votes
3 Answers
3
active
oldest
votes
active
oldest
votes
active
oldest
votes
To pay taxes on income, one declares it on an income tax form.
People get in trouble with the government if they are found to have undeclared income
Here is an example usage from the website TaxAid.org.uk:
If you have undeclared income, you have broken the law and, from HMRC’s point of view, are guilty of tax evasion. This means that HMRC can prosecute, but will normally only do so in cases which involve fraud or false accounting.
add a comment |
To pay taxes on income, one declares it on an income tax form.
People get in trouble with the government if they are found to have undeclared income
Here is an example usage from the website TaxAid.org.uk:
If you have undeclared income, you have broken the law and, from HMRC’s point of view, are guilty of tax evasion. This means that HMRC can prosecute, but will normally only do so in cases which involve fraud or false accounting.
add a comment |
To pay taxes on income, one declares it on an income tax form.
People get in trouble with the government if they are found to have undeclared income
Here is an example usage from the website TaxAid.org.uk:
If you have undeclared income, you have broken the law and, from HMRC’s point of view, are guilty of tax evasion. This means that HMRC can prosecute, but will normally only do so in cases which involve fraud or false accounting.
To pay taxes on income, one declares it on an income tax form.
People get in trouble with the government if they are found to have undeclared income
Here is an example usage from the website TaxAid.org.uk:
If you have undeclared income, you have broken the law and, from HMRC’s point of view, are guilty of tax evasion. This means that HMRC can prosecute, but will normally only do so in cases which involve fraud or false accounting.
answered Jan 9 at 7:27
JimJim
30k861115
30k861115
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It is popularly called black money
New contributor
python_beginner is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
It is popularly called black money
New contributor
python_beginner is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
add a comment |
It is popularly called black money
New contributor
python_beginner is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
It is popularly called black money
New contributor
python_beginner is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
New contributor
python_beginner is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
Check out our Code of Conduct.
answered 14 mins ago
python_beginnerpython_beginner
1
1
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python_beginner is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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python_beginner is a new contributor to this site. Take care in asking for clarification, commenting, and answering.
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add a comment |
add a comment |
The word you are looking for is untaxed. It can refer both to things which are not required to be taxed as well as things which are required to be taxed but whose taxes have not been paid.
add a comment |
The word you are looking for is untaxed. It can refer both to things which are not required to be taxed as well as things which are required to be taxed but whose taxes have not been paid.
add a comment |
The word you are looking for is untaxed. It can refer both to things which are not required to be taxed as well as things which are required to be taxed but whose taxes have not been paid.
The word you are looking for is untaxed. It can refer both to things which are not required to be taxed as well as things which are required to be taxed but whose taxes have not been paid.
answered Jan 9 at 6:52


Riley Scott JacobRiley Scott Jacob
4507
4507
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