1) Tax term 
This photograph of the fort at Lahore was taken by Samuel Bourne in the 1860s. Lahore was the location of the Mughal court during the reign of the Mughal Emperor Akbar from 1584 to 1598. He built the massive Lahore Fort on the foundations of a previous fort on the site and enclosed the city within a red brick wall boasting 12 gates. Jahangir and S... Tax avoidance is the legal usage of the tax regime to one`s own advantage, to reduce the amount of tax that is payable by means that are within the law. Tax sheltering is very similar, and tax havens are jurisdictions which facilitate reduced taxes. The term tax mitigation is sometimes used; its original use was by tax advisers as an alternative ....
Legal arrangements made by an organisation or individual to reduce the amount of tax they pay. The illegal method is called tax evasion
Minimizing tax burden through legal means such as tax-free municipal bonds, tax shelters, IRA accounts, and trusts. Compare with tax evasion.
The legal practice of exploiting loopholes in tax law to reduce the amount of tax paid 
Conducting of financial affairs in such a way as to keep tax liability to a minimum within the law. ...
Audit by the IRS or other tax-collecting agency to determine whether a taxpayer has paid the correct
Legal ways of paying the minimum amount of tax possible by making use of allowances and exemptions
The minimising of tax liability using legal methods. To be contrasted with tax evasion which has a... <a target=_blank href='http://www.finance-glossary.com/terms/tax-avoidance.htm?id=1395&ginPtrCode=00000&PopupMode=false' title='Read full definition of tax avoidance'>more</a>
An action taken to lessen tax liability and maximize after-tax income.
[n] - the minimization of tax liability by lawful methods
noun the minimization of tax liability by lawful methods
Conducting financial affairs in such a way as to keep tax liability to a minimum within the law