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