tax shelter
Definition of tax shelter
: a strategy, investment, or tax code provision that reduces tax liability
Indulge Your Inner Word Nerd
1952
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
Learn More about tax shelter
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Britannica.com: Encyclopedia article about tax shelter
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