unreported income

unreported income
unreported income unreported income income

* * *

unreported income UK US noun [U] TAX
income that someone illegally does not include in their tax return (= document in which income is reported) because they are trying to avoid paying taxes: »

She owes $30,000 in unpaid taxes based on $100,000 of unreported income.


Financial and business terms. 2012.

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