tax shelter

American  

noun

1. 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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tax shelter British  

noun

1. commerce a form into which business or financial activities may be organized to minimize taxation

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tax shelter Cultural  

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

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Other Word Forms

• tax-sheltered adjective

Example Sentences

After 1999, Ireland’s 12.5% corporate tax rate and English-speaking workforce made it a tax shelter for foreign companies—many of them American—similar to the Cayman Islands.

From The Wall Street Journal • Dec. 7, 2025

Over the past several decades, Ireland has served as a tax shelter for many large tech companies, thanks to its low corporate tax rate.

From The Verge • Oct. 7, 2021

Around 2010, Deloitte and PwC each devised a lucrative new tax shelter.

From Seattle Times • Sep. 19, 2021

“There has always been a tax shelter industry in America,” he said.

From New York Times • Sep. 20, 2019

With neither Rales willing to explain the vision, Valdez spent considerable space questioning whether Glenstone was simply a rich guy’s tax shelter.

From Washington Post • Sep. 21, 2018