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tax shelter

Syllabification: tax shel·ter

Definition of tax shelter in English:

noun

A financial arrangement made to avoid or minimize taxes.
Example sentences
  • About 20 million of them were sold during their 12-year lifetime and they can continue to act as a tax shelter for your investments.
  • To ensure a good return on a tax-break investment, investors should deduct the value of the tax shelter from the purchase price and compare it to the price of similar properties in the area.
  • The new regime for Isa products from April 5 effectively removes the tax shelter on dividend income for basic rate taxpayers leaving them no better off than if they had invested directly.

Definition of tax shelter in:

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Word of the day orthoepy
Pronunciation: ôrˈTHōəpē
noun
the correct or accepted pronunciation of words