tax shelter

noun

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

tax-sheltered

ˈtaks-ˌshel-tərd 

adjective

Examples of tax shelter in a Sentence

Recent Examples on the Web

Her most notable reporting has been about taxes, including exposing billionaire tax cheats and writing cover stories on tax shelters (both corporate and individual), tax evasion, tax informants, tax administration, tax policy and legitimate tax planning. —Jeff Kauflin, Forbes, 18 Feb. 2025

Because of that, the regulations use certain terms that are found in similar regulations for other abusive tax shelters, and the term transaction is how abusive tax shelters are almost always described. —Jay Adkisson, Forbes, 18 Jan. 2025

The same goes for certain captive managers who have utterly no idea how to run a real captive but all their business comes from selling tax shelter captives. —Jay Adkisson, Forbes, 10 Jan. 2025

Kugel is supported by Screen Flanders and the Belgian tax shelter, in collaboration with BNP Paribas Fortis Film Finance. —Leo Barraclough, Variety, 18 Dec. 2024

Word History

First Known Use

1952, in the meaning defined above

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