Meaning of the word "tax fraud" in English

What does "tax fraud" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

tax fraud

US /tæks frɔːd/
UK /tæks frɔːd/

Noun

the crime of cheating on your taxes

Example:
He was arrested for tax fraud after an investigation into his finances.
The company faced severe penalties for engaging in large-scale tax fraud.