Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “tax shelter”

tax shelter

noun [C]
 
 
TAX, FINANCE
a way of investing or spending money that allows a person or a company to avoid tax or to pay less tax than they would normally: Some high-earners managed to avoid income tax by moving their income into various tax shelters. The profession has moved into the aggressive selling of tax shelters.
tax-sheltered adjective
(Definition of tax shelter from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of tax shelter?
Add Cambridge dictionaries to your browser to your website

Definitions of “tax shelter” in other dictionaries

Translations of “tax shelter”

Word of the Day

bright spark

a person who is intelligent, and full of energy and enthusiasm

Word of the Day

Highly delighted, bitterly disappointed, ridiculously cheap: adverbs for emphasis.

by Liz Walter,
October 22, 2014
We often make adjectives stronger by putting an adverb in front of them. The most common ones are very and, for a stronger meaning, extremely: He was very pleased. The ship is extremely large. However, we don’t use very or extremely for adjectives that already have a strong meaning, for example fantastic,

Read More 

life tracking noun

October 20, 2014
the use of one or more devices or apps to monitor health, exercise, how time is spent, etc.

Read More