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Itasan Posted 20 years ago
Business & Finance

money skimmer

'the act of hiding (not reporting) the income
in order to evade tax'
money skimming? Any other word?
'such a person'
money skimmer? Any other word?
Also, is 'evading tax' different from 'avoiding tax'?

Thank you.
  

Top answer

Hiya Taka, It sounds to me that 'skimming money' is diverting it from its normal destination and intended purpose ; with the notion that one would do so by only taking a percentage of the amount on its way to wherever it is going, but probably on a routine basis.... Which means in my humble opinion that it does not necessarily equate to tax evasion ; since it is not necessarily a matter of cheating on / stealing from the government (specifically the Internal Revenue Service for instance). Waïti.

— Waïti

  • Hiya Taka, It sounds to me that 'skimming money' is diverting it from its normal destination and intended purpose ; with the notion that one would do so by only taking a percentage of the amount on its way to wherever it is going, but probably on a routine basis....
  • Which means in my humble opinion that it does not necessarily equate to tax evasion ; since it is not necessarily a matter of cheating on / stealing from the government (specifically the Internal Revenue Service for instance).
  • Waïti.
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3 Answers
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Hiya Taka,
It sounds to me that 'skimming money' is diverting it from its normal destination and intended purpose ; with the notion that one would do so by only taking a percentage of the amount on its way to wherever it is going, but probably on a routine basis.... Which means in my humble opinion that it does not necessarily equate to tax evasion ; since it is not necessarily a ma
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Thank you very much.
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You can avoid taxes through legal means. Evading taxes has a definite illegal connotation.
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