それは違法な脱税ではないかもしれないが、適法な節税とはとても言えない。違法すれすれの節税だの英語

• It may not be tax evasion, which is illegal, but it could hardly be said that it's tax avoidance, which is legal. It's tax avoision.
  

• それ     それ 其れ it that
• 違法     違法 いほう illegal illegality unlawfulness
• 脱税     脱税 だつぜい tax evasion
• では     では then well so well then 出端 chance of going out opportunity (to succeed)
• はな     はな 鼻 nose 洟 snivel nasal mucus snot 花 華 flower petal 端 end (e.g. of street)
• ない     ない 亡い dead 無い there isn't doesn't have
• いか     いか 医家 doctor 医科 medical science medical department 以下 less than up to below
• かも     かも 鴨 wild duck easy mark sucker
• もし     もし 若し if in case supposing 模試 sham examination
• いが     いが 衣蛾 tineid moth
• 適法     適法 てきほう legality
• 節税     節税 せつぜい tax reduction
• はと     はと 鳩 pigeon dove
• えな     えな 胞衣 placenta
• すれ     すれ friction mark[化学]
• だ     だ 拿 arrest capture 兌 exchange 堕 degenerating lapsing into 儺 exorcism
• ではな     ではな 出鼻 projecting part (of a headland, etc.) outset starting out 出端 chance of
• ないか     ないか 内科 internist clinic internal medicine
• とても     とても 迚も very awfully exceedingly
• すれすれ     すれすれ 擦れ擦れ on the verge of very close to just in time on the margin
• すれすれの     【形】 narrow
• かもしれない     かもしれない かも知れない may might perhaps may be possibly