Global corporate tax avoidance is estimated to cost governments around the world
US$240 billion in foregone revenues each year. It is now an issue that reflects a
growing dissatisfaction with the distribution of power and wealth in society. The
ability of MNCs to avoid paying their ‘fair share’ of tax where it is owed,
Tax avoidance is, by definition, activity to make tax owed less than without the activity. Legally so. Thus the result of tax avoidance cannot be dodging tax which is owed.