tax shelter
noun
any financial arrangement (as a certain kind of investment or allowance) that results in a reduction or elimination of taxes due.
OTHER WORDS FROM tax shelter
tax-shel·tered, adjectiveWords nearby tax shelter
tax rate,
tax relief,
tax return,
tax sale,
tax sharing,
tax shelter,
tax stamp,
tax title,
tax with,
tax year,
tax-
British Dictionary definitions for tax shelter
tax shelter
noun
commerce
a form into which business or financial activities may be organized to minimize taxation
Cultural definitions for tax shelter
tax shelter
A type of investment that allows a reduction in one's taxable income. Examples include investments in pension plans and real estate.