Tax fraud: Definition, types, and examples

Tax fraud happens when people lie to pay less tax. A business owner might write off a luxury vacation as a business expense, or a landlord might claim they earn less rent than they do. In this article, we will explain what tax fraud is, how it differs from tax evasion, and what the different types of tax fraud are, followed by real-world examples. We will also outline the steps to take if you become a victim of tax fraud.