TAX EVASION

MARVIE CHARISSE LAGGUI-ABANES

MSCJ 1A - ECONOMIC CRIME
 OBJECTIVES

• To define Tax Evasion

• To differentiate Tax Evasion from Tax Avoidance
• To discuss the connection of Tax Evasion and Criminal
Activity
• To give examples of Corporation with Tax Evasion
Charges
• To discuss Republic Act 8424
 TAX EVASION

The unlawful non-payment or

underpayment of tax by individuals,
companies & other entities.
TAX EVASION & TAX AVOIDANCE

Tax Evasion Tax Avoidance

Tax Avoidance means finding all the legal loopholes and taking advantage
of them in order to pay as little tax as possible.
TAX EVASION & CRIMINAL ACTIVITY

People who have earned money from

criminal activity frequently engage in tax
evasion, partly because they cannot report
their true income and how they earned
that income to the tax authorities.
 TAX EVASION CHARGES

• Golden Donuts, Incorporated

• ABS-CBN Corporation
• Rappler Holdings Corporation
• Shell
 RA 8424

• Tax Reform Act of 1997

• TRAIN (Tax Reform for Acceleration and
Inclusion Law)
• CREATE (Corporate Recovery for
Acceleration and Inclusion Law)
 REFERENCES

• Marketing Business Network

• Nomad Capitalist
• TaxWhizPH
• Inquirer.net
The difference of Tax Avoidance
and Tax Evasion is the thickness
of a Prison Wall
-Dennis Healey

THAT CONCLUDES THE PRESENTATION…