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skimming

skimming

1 8.5
Hide some income from the tax office to avoid paying taxes
  • noun
  • /ˈskɪmɪŋ/
  • NSFW
translation icon : evasión de impuestos
  • Many businesses face legal consequences for skimming, which is a form of tax evasion.

Examples

  • But when a country gets too wealthy, it no longer pays to try and just live off skimming compared to actual productivity for most of the Cabal, and it falls apart.

    Blog text (27)
  • "What do you mean 'skimming'?" The Admiral knew the answer.

    Fiction book (2002)
  • "With money, there's too much skimming."

    Fiction book (2002)
  • Jury-tampering, tax evasion, money-skimming, you name it.

  • Damnthematrix raises a very important point by mentioning Iran's arsenal of sea-skimming missiles.

    Blog text (20)
  • The latest generation of sea-skimming missiles has mobile, easily concealed launchers, and they would come in very fast and low from anywhere along almost 2,000 kilometers (well over 1,000 miles) of Iran's Gulf coast.

    Blog text (20)
  • [INDISTINCT SKIMMING]

  • The accountant was charged with skimming income to avoid paying taxes.

  • During the investigation, they uncovered a scheme involving skimming on income declarations.

Synonyms

evasion
vsskimming
  • Specialized
38 6.2

Not doing something you must do, for example not paying taxes, by using tricks

is narrowly about not declaring income to avoid paying money
tax evasion
vsskimming
  • Formal
32 5.3

Not paying taxes on purpose by hiding income or lying to tax officials

is failing to declare income rather than broader concealment or false reporting
tax dodge
vsskimming
1 8.0

An illegal way to avoid paying taxes

refers specifically to not declaring income rather than using schemes

Compounds

8.8

Choosing only the best or most valuable customers and leaving the rest

How Serious

tax evasion
  • Formal
32 5.3
fraud
577 4.0
skimming
  • NSFW
1 8.5
to miscredit
  • Specialized
8.2
omission
51 5.4

Surface Forms

skimming singular
skimmings plural

Morphology

skimming = skim (semi-transparent) = skim + ing

The noun derives from 'skim' + '-ing' but the tax-evasion sense is a metaphorical extension ('skimming off' money) that may not be obvious to all learners.

Etymology

Skimming comes from an old word meaning 'to move lightly over a surface' or to 'take off the top'. Think of someone taking a little money from the top of a pile, which is why skimming can mean secretly taking income to avoid taxes.