T must be overhauled to eliminate the absurdly generous tax breaks given to those at the very top". tax credit crédit d'impôt Tories in the House of Lords blocked secondary legislation on cuts to in-work tax credits in late December 2015, arguing that they ran counter to the Conservative creed on hard work and aspiration. tax evasion fraude fiscale syn. tax fraud According to a 2012 study for the social democratic group in the European Parliament, European Union governments in 2009 lost €860 billion to tax evasion. tax haven* paradis fiscal Tax experts point out that Britain's concessions to foreign residents make it one of the world's foremost tax havens. * From the French "havre"; pronounced like "shaven" and not like "heaven" (as in "seven") tax return déclaration de revenus Analysts warned that to avoid a federal government shutdown, Congress needed to work out a budget deal and renew a number of tax breaks for 2015 before individuals and businesses started filing their tax returns in the new year. tax revenue recettes fiscales Early in his second term, President Obama insisted on how crucial raising tax revenue was for making the kinds of investments big 139