7.5 TAX AVOIDANCE AND TAX EVASION Tax avoidance o actions or arrangements which are made within the current tax law and which take the axpayer outside the scope or net of the law o Tax evasion o actions or arrangements which are outside the law because legitimate tax liability is being concealed or ignored ● Tax File number(TFN)7.5 TAX AVOIDANCE AND TAX EVASION ⚫ Tax avoidance ⚫ actions or arrangements which are made within the current tax law and which take the taxpayer outside the scope or net of the law. ⚫ Tax evasion ⚫ actions or arrangements which are outside the law because legitimate tax liability is being concealed or ignored. ⚫ Tax File Number (TFN)