tax shelter

/ˌtæks ˈʃɛltər/
IPA guide

Other forms: tax shelters

Definitions of tax shelter
  1. noun
    a way of organizing business to reduce the taxes it must pay on current earnings
    synonyms: shelter
    see moresee less
    type of:
    decrease, diminution, reduction, step-down
    the act of decreasing or reducing something
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