Examlex
-This figure illustrates the circulation of
Commodity
A basic good used in commerce that is interchangeable with other goods of the same type.
Tax
a financial charge or other levy imposed upon a taxpayer by a governmental organization in order to fund public expenditures.
Tax Avoidance
The legal practice of arranging one's financial affairs to minimize tax liability within the law.
Tax Evasion
The illegal practice of not paying taxes by individuals or corporations through various methods, including underreporting income.
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