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.
noun
1.
(commerce) a form into which business or financial activities may be organized to minimize taxation
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.
Read Also:
- Tax-stamp
noun 1. a stamp required to be affixed to certain products, documents, etc., before they change hands to indicate that a tax has been paid.
- Tax-title
noun, Law. 1. a title, acquired by the purchaser at a forced sale of property for nonpayment of taxes.
- Tax with
Charge, accuse, as in He was taxed with betraying his fellows. [ Mid-1600s ]
- Tax year
noun 1. a period of twelve months used by a government as a basis for calculating taxes
- Tay
noun 1. a river flowing through central Scotland into the Firth of Tay. 118 miles (190 km) long. 2. Firth of, an estuary of the North Sea, off the coast of central Scotland. 25 miles (40 km) long. noun 1. an Irish dialect word for tea noun 1. Firth of Tay, the estuary of the […]