Off-The-Books Employment
/ˌɔf ðə ˈbʊks ɪmˈplɔɪmənt/
Definitions
- (n.) Employment arrangement where work is paid but not reported to authorities, often to evade taxes or labor regulations.
The company was fined for engaging in off-the-books employment to avoid payroll taxes.
Forms
- off-the-books employment
Related terms
See also
Commentary
Often considered illegal or non-compliant with tax and labor laws; drafting should clarify obligations and risks related to such employment.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.