How to Use tax shelter in a Sentence

tax shelter

noun

• The tax shelter last year was stripped from New York’s tax code.
  — Los Angeles Times, 6 Apr. 2022
• The rest comes from investors, attracted by what amounts to a tax shelter.
  — Sarah Zhang, Discover Magazine, 9 Feb. 2012
• Al Sheid was an investment banker who used wine grapes as a tax shelter.
  — Matt Kettmann, SFChronicle.com, 10 Mar. 2018
• A day may come when the fallout from the tax shelter scandal at the turn of millennium is no more.
  — Peter J Reilly, Forbes, 27 Mar. 2023
• For investors, Section 181 tax shelter schemes are easy to spot.
  — Schuyler Moore, Forbes, 19 Jan. 2022
• Unless, of course, the Rauners and Pritzkers hide their money in offshore tax shelters.
  — Ben Joravsky, Chicago Reader, 20 Mar. 2018
• Will Congress end a tax shelter that has cost the Treasury untold billions?
  — Jeff Ernsthausen, ProPublica, 28 Sep. 2021
• Harris also proposed a tax on stock trades and called for an end to foreign tax shelters as part of her plan to pay for the proposal.
  — NBC News, 29 July 2019
• As a tax shelter, the plans are ideal for leaving investments undisturbed for many years.
  — Tanza Loudenback, wsj.com, 15 Dec. 2023
• In 1972, investment banker Al Scheid decided to get into wine grapes as a tax shelter for his wealth.
  — Matt Kettmann, SFChronicle.com, 27 Feb. 2018
• People who are buying homes for primary residence buy to own a home,and not for a tax shelter.
  — Jane Wooldridge, miamiherald, 3 Nov. 2017
• Sneaking a peek at the last chapter, the IRS wins in a blowout and the involved captive tax shelter gets its appeal poured out in all particulars.
  — Jay Adkisson, Forbes, 13 May 2022
• Second, before the on the merger had even fully dried, the sky fell on the microcaptive tax shelter sector.
  — Jay Adkisson, Forbes, 20 Feb. 2023
• That is a powerful incentive to search for tax shelters.
  — Patricia Cohen, The Seattle Times, 9 Dec. 2017
• All in all, this is a good bill, and it can be fully paid for by clawing back a Covid-era payroll-tax credit that has deformed into a tax shelter.
  — Ryan Ellis, National Review, 22 Jan. 2024
• We were originally involved in B movies (Billy Jack movies, etc.) as these were more or less tax shelters.
  — Jane Wooldridge, miamiherald, 2 July 2018
• The tax rules encouraged investors to do all sorts of things with their money that did nothing to build the economy, but rather only made sense as tax shelters.
  — Steve Wamhoff, Fortune, 22 Dec. 2017
• Ironically, one of the US states that positions itself as a tax shelter is Delaware—the state that Biden calls home.
  — Samanth Subramanian, Quartz, 7 June 2021
• Further, the more something is marketed, the higher the likelihood that the IRS will take an interest in it and try to stop it as an abusive tax shelter.
  — Jay Adkisson, Forbes, 12 Aug. 2023
• And Belgian’s tax shelter is being used to set up co-productions with Ukrainian creatives.
  — Scott Roxborough, The Hollywood Reporter, 1 Sep. 2022
• Does this go over well with fans in the true home countries, who don't have the luxury of a tax shelter, or is the desire to see a compatriot champion enough for forgiveness?
  — Jon Wertheim, SI.com, 23 May 2018
• First, combining a low tax rate on capital gains with a high tax rate on interest payments is central to many tax shelters.
  — Alan S. Blinder, WSJ, 1 Aug. 2018
• The way to avoid this risk is to just make sure that there is some document that clearly transfers all the film rights back to the film company, and let the tax shelter promoter worry about any tax risks in doing so.
  — Schuyler Moore, Forbes, 19 Jan. 2022
• In that case, the allegedly abusive tax shelter would have saved Bristol Myers nearly $1 billion.
  — New York Times, 1 Apr. 2021
• The year is 2002 and former lobbyist Soussan (an earnest Theo James) is searching for something more meaningful than tax shelters, sweatshops and ozone holes.
  — Michael Rechtshaffen, latimes.com, 26 Apr. 2018
• Generally, these efforts save $2 in taxes for every $1 paid in to the tax shelter, according to the Senate report.
  — Washington Post, 23 Oct. 2020
• These limitations are intended to prevent abuse of the benefit as a tax shelter.
  — Brian Boswell, Forbes, 19 July 2022
• When Ronald Reagan became president in 1981, tax shelters became vogue, and people were investing in movies and cattle feeding as write-offs.
  — Brianne Tracy, Peoplemag, 21 Dec. 2023
• But a select set of the ultrawealthy have managed to get around limits set by Congress and transformed the vehicle into a powerful onshore tax shelter.
  — ProPublica, 6 Aug. 2021
• Hundreds of billions of dollars are stored in these legal tax shelters, called trusts, investigative journalists have found.
  — Irina Ivanova, CBS News, 21 Mar. 2023

Last Updated: 21 Dec 2024