tax shelter

noun

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

Examples of tax shelter in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
McPhee promoted an abusive tax shelter made up of a private family foundation and three trusts: a business trust, a family trust, and a charitable trust. Kelly Phillips Erb, Forbes.com, 9 Aug. 2025 Prosecutors say McPhee, from 2018 to 2023, promoted a fraudulent tax shelter to taxpayers across the country, comprised of a private family foundation and three trusts. Sam Tabachnik, Denver Post, 8 Aug. 2025 Silverman tried to paint John as a tax mercenary who used foreign tax shelters to hide his money from both Silverman and the U.S. government—an assertion that wasn’t entirely inaccurate. Ned Zeman, Outside, 14 Nov. 2021 The ******* represent Townsend’s characterization of abusive tax shelters. Peter J Reilly, Forbes.com, 25 July 2025 See All Example Sentences for tax shelter

Word History

First Known Use

1952, in the meaning defined above

Time Traveler
The first known use of tax shelter was in 1952

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Cite this Entry

“Tax shelter.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20shelter. Accessed 24 Aug. 2025.

Legal Definition

tax shelter

noun
: 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

Last Updated: - Updated example sentences
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