Financial Compliance

Tax Evasion (Domestic & International) (FC003)

Taxes are an important part of stable and functioning societies. They help pay for a country’s health, defense, schools, and transport systems. If individuals and companies evade paying their taxes, they’re opting out of this social obligation, and breaking the law. Would you recognize tax evasion if you saw it?

When someone deliberately underpays or avoids paying their taxes, they’re committing the crime of tax evasion. They could end up facing large fines, or even prison. There are several common examples of tax evasion to look out for, and this course will tell you everything you need to know.

By the end of this course, you’ll be able to:

• Differentiate between tax evasion and tax avoidance in the workplace
• Identify key domestic and international examples of tax evasion
• Demonstrate an awareness of the penalties for tax evasion

Why take this course?

Everyone needs to be aware of tax evasion, especially if you work in a financial institution. In this course, you’ll learn the difference between tax evasion and avoidance. You’ll also recognize key examples to watch out for and gain an understanding of the penalties for engaging in tax evasion.

10 mins | SCORM | Takeaway Tasks

  • Tax Evasion (Domestic and International)
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: 3 years