tax shelter


noun

any financial arrangement (as a certain kind of investment or allowance) that results in a reduction or elimination of taxes due.

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OTHER WORDS FROM tax shelter

tax-sheltered, adjective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for tax shelter

tax shelter

noun

commerce a form into which business or financial activities may be organized to minimize taxation
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Cultural definitions for tax shelter

tax shelter

A type of investment that allows a reduction in one's taxable income. Examples include investments in pension plans and real estate.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.