Corporate crime is not the only means by which business can escape legal control. Law and legal definitions can also be used and manipulated to legally avoid both control and penalties or stigma associated with outright crime. This articl analyses such ‘legitimate rackets’ via a study of tax avoidance practices among business and ‘high net worth’ individuals. It describes some of the techniques employed, analyses the difference between tax evasion (an offence) and tax avoidance, explores the ‘grey area’ at the boundaries, and draws out the implications for theory and policy.