👉 Bunking is a legal concept in the United States, where an individual or entity may be subject to fines for failing to pay taxes. It was first defined by the Internal Revenue Code of 1934 and has been used as a way to discourage tax evasion by individuals who are not paying their fair share. In general, bunking is a method of avoiding taxes by hiding income, either through fraudulent or legal means. This can include using false documents, falsifying accounts, or ev