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tax shelter

any financial arrangement (as a certain kind of investment or allowance) that results in a reduction or elimination of taxes due.
Related forms
tax-sheltered, adjective Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for tax shelter
  • Even a novice tax lawyer could easily make a tax shelter out of that.
  • The rest comes from investors, attracted by what amounts to a tax shelter.
  • They're now thriving as an offshore financial center and tax shelter.
  • May have used an offshore tax shelter of dubious legality.
  • Cutting in half the depreciation period for real estate encouraged a lot of tax shelter construction.
  • Or they can invest in other businesses that have lost money and use that as a tax shelter.
  • The other major benefit of keeping your old home and converting it to rental status is tax shelter.
British Dictionary definitions for tax shelter

tax shelter

(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
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tax shelter in Culture

tax shelter definition

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

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