tax shelter

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tax shelter

n.
A financial arrangement, such as the use of special depletion allowances, that reduces taxes on current earnings.

tax′-shel′tered (-shĕl′tərd) adj.

tax shelter

n
(Accounting & Book-keeping) commerce a form into which business or financial activities may be organized to minimize taxation

tax′ shel`ter


n.
any financial arrangement, as an investment that reduces or eliminates the taxes due.
tax′-shel`tered, adj.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.tax shelter - a way of organizing business to reduce the taxes it must pay on current earnings
reduction, step-down, diminution, decrease - the act of decreasing or reducing something