tax shelter

noun

Definition of tax shelter

: a strategy, investment, or tax code provision that reduces tax liability

Other Words from tax shelter

tax-sheltered \ ˈtaks-​ˌshel-​tərd How to pronounce tax shelter (audio) \ adjective

Examples of tax shelter in a Sentence

Recent Examples on the Web These limitations are intended to prevent abuse of the benefit as a tax shelter. Brian Boswell, Forbes, 19 July 2022 Sneaking a peek at the last chapter, the IRS wins in a blowout and the involved captive tax shelter gets its appeal poured out in all particulars. Jay Adkisson, Forbes, 13 May 2022 Big Spanish producers want a film-TV regulatory revolution tabled by Spain’s government: Rights reversion on productions made with streamers after five years; an increase from 25% to 45% of Spain’s current tax shelter for independent producers. John Hopewell, Variety, 27 June 2022 Like other types of IRA accounts, Ethereum in an IRA is a capital gains tax shelter. Robert Samuels | For Iron Monk Solutions, The Salt Lake Tribune, 11 May 2022 Like other types of IRA accounts, Ethereum in an IRA is a capital gains tax shelter. Robert Samuels | For Iron Monk Solutions, The Salt Lake Tribune, 11 May 2022 The way to avoid this risk is to just make sure that there is some document that clearly transfers all the film rights back to the film company, and let the tax shelter promoter worry about any tax risks in doing so. Schuyler Moore, Forbes, 19 Jan. 2022 Like other types of IRA accounts, Ethereum in an IRA is a capital gains tax shelter. Robert Samuels | For Iron Monk Solutions, The Salt Lake Tribune, 11 May 2022 Like other types of IRA accounts, Ethereum in an IRA is a capital gains tax shelter. Robert Samuels | For Iron Monk Solutions, The Salt Lake Tribune, 11 May 2022 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'tax shelter.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of tax shelter

1952, in the meaning defined above

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Time Traveler for tax shelter

Time Traveler

The first known use of tax shelter was in 1952

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Dictionary Entries Near tax shelter

tax selling

tax shelter

tax stamp

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Statistics for tax shelter

Last Updated

16 Aug 2022

Cite this Entry

“Tax shelter.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20shelter. Accessed 17 Aug. 2022.

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More Definitions for tax shelter

tax shelter

noun

Legal Definition of tax shelter

: 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

More from Merriam-Webster on tax shelter

Britannica.com: Encyclopedia article about tax shelter

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