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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
Words nearby tax shelter tax rate ,
tax relief ,
tax return ,
tax sale ,
tax sharing ,
tax shelter ,
tax stamp ,
tax title ,
tax with ,
-taxy ,
tax year
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use tax shelter in a sentence Wyden first proposed an overhaul of IRA rules to prevent the accounts from being used as large tax shelter s several years ago.
ProPublica reported Thursday that the Roth IRA, a retirement vehicle originally intended to spur middle-class savings, was being hijacked by the ultrawealthy and used to create giant onshore tax shelter s.
About a decade after the creation of the Roth, Congress made it even easier to turn the accounts into mammoth tax shelter s.
Thielâs unusual stock purchase risked running afoul of rules designed to prevent IRAs from becoming illegal tax shelter s.
Surely, that would prevent the superrich from gaming the system to use Roths as tax shelter s.
Have you tried to access the research that your tax dollars finance, almost all of which is kept behind a paywall?
His life as a man is built around health insurance and tax services.
The grim instability of shelter life is hardly a recipe for success under the best of circumstances.
Cocaine busts, tax cheats, and bribe-taking, born-again Christians:Â Welcome to the political scandals of 2014.
In response to the screen quota cut, South Korea established a âcinema taxâ on the box office.
In their shelter, Brion and Ulv crouched low and wondered why the attack didn't come.
But one day when we marched beneath the blazing sun, we met a storm and found no shelter.
The law went into operation in England imposing a tax on wearing hair powder.
I feel proud and happy to shelter beneath my roof any of our valued and brave allies.
This man by hard, manual labor makes only enough to pay for humble shelter and plain food.
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British Dictionary definitions for 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
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.