Tax shelter — Tax shelters are any method of reducing taxable income resulting in a reduction of the payments to tax collecting entities, including state and federal governments. The methodology can vary depending on local and international tax laws.In North… … Wikipedia
tax shelter — n: 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 purchased… … Law dictionary
tax shelter — tax shelters N COUNT A tax shelter is a way of arranging the finances of a business or a person so that they have to pay less tax. The consultancy offers advice on ethical tax shelters … English dictionary
tax shelter — tax shield Any financial arrangement made to lower a person s or a company s tax liabilities. See: abusive tax shelter … Accounting dictionary
tax shelter — tax .shelter n a plan or method that allows you to legally avoid paying tax … Dictionary of contemporary English
tax shelter — tax ,shelter noun count somewhere you can invest your money without having to pay tax on the profits … Usage of the words and phrases in modern English
tax shelter — ☆ tax shelter n. any financial investment made in order to acquire expenses, depreciation allowances, etc. or to defer income, as in an IRA or Keogh plan, so as to reduce one s income tax … English World dictionary
tax shelter — Legal methods taxpayers can use to reduce tax liabilities . An example is the use of depreciation of assets. Bloomberg Financial Dictionary * * * tax shelter ˈtax ˌshelter noun [countable] TAX ACCOUNTING a plan or arrangement that allows you to… … Financial and business terms
tax shelter — noun a way of organizing business to reduce the taxes it must pay on current earnings • Syn: ↑shelter • Derivationally related forms: ↑shelter (for: ↑shelter) • Hypernyms: ↑decrease, ↑ … Useful english dictionary
tax shelter — UK / US noun [countable] Word forms tax shelter : singular tax shelter plural tax shelters somewhere you can invest your money without having to pay tax on the profits … English dictionary
