Definition of tax shelter in English:

tax shelter

Syllabification: tax shel·ter

noun

  • A financial arrangement made to avoid or minimize taxes.
    More 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.

More definitions of tax shelter

Definition of tax shelter in:

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day maelstrom
Pronunciation: ˈmālˌsträm
noun
a powerful whirlpool in the sea