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tax shelter

noun

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

tax shelter

noun

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

tax shelter

  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 Words From

  • tax-sheltered adjective

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tortuous

[tawr-choo-uhs ]

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