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taxsheltered

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tax shelter

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

tax-sheltered, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Cultural Dictionary

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 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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Financial Dictionary

tax shelter

An investment that produces relatively large current deductions that can be used to offset other taxable income. Popular tax shelters include real estate projects and gas and oil drilling ventures. Also called shelter. See also abusive tax shelter.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: tax shelter
Function: noun
: an entity (as a partnership) or investment plan or arrangement whose principal purpose is the avoidance or evasion of income tax; also : an interest offered or purchased on the premise that it will provide favorable tax consequences tax shelters>
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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