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 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 Some are emotionally invested, others view them largely as tax shelters. Sam Farmer, Los Angeles Times, 5 Sep. 2024 That includes sanctioning countries that serve as tax shelters and using the United States’ significant economic leverage to cut off access to the U.S. financial system. Bernie Sanders, Foreign Affairs, 18 Mar. 2024 See all Example Sentences for tax shelter 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'tax shelter.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 Oct. 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

Last Updated: - Updated example sentences
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