tax shelter
Definition of tax shelter
: a strategy, investment, or tax code provision that reduces tax liability
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First Known Use of tax shelter
1952
TAX SHELTER Defined for English Language Learners
tax shelter
Definition of tax shelter for English Language Learners
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: a way of investing money that reduces the amount of tax that has to be paid
Law Dictionary
tax shelter
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
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Britannica.com: Encyclopedia article about tax shelter
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