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
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
This is the same analysis that anybody who participates in a tax shelter goes through. Jay Adkisson, Forbes, 16 Oct. 2024 This roadmap should cover questions like: What are the estate needs of both passers and receivers of wealth in terms of wills, medical directives, life insurance, and tax shelters? Janet Arzt, Forbes, 2 Oct. 2024 In addition to Atresmedia Cine and Señor y Señora, Apaches Entertainment and Belgium’s Wrong Men will co-produce, securing financial support from the Spanish ICAA film agency, Basque tax incentives and Belgium’s tax shelter scheme. Callum McLennan, Variety, 24 Sep. 2024 This built, in essence, a tax shelter for homeowners that’s lasted half a century. Krista Stevens, Longreads, 13 Sep. 2024 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

Dictionary Entries Near tax shelter

Cite this Entry

“Tax shelter.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20shelter. Accessed 5 Nov. 2024.

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

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