tax shelter
noun
: a strategy, investment, or tax code provision that reduces tax liability
tax-sheltered
ˈtaks-ˌshel-tərd 
adjective 
Example Sentences
Recent Examples on the Web And Belgian’s tax shelter is being used to set up co-productions with Ukrainian creatives. 
Scott Roxborough, The Hollywood Reporter, 1 Sep. 2022 Charitable organizations offer the ability to give beyond government, but also provide the powerful with a valuable tax shelter, a tool for image-making, and an avenue for gaining soft power. Jasper Craven, The New Republic, 29 Aug. 2022 These limitations are intended to prevent abuse of the benefit as a tax shelter. Brian Boswell, Forbes, 19 July 2022 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 Big Spanish producers want a film-TV regulatory revolution tabled by Spain’s government: Rights reversion on productions made with streamers after five years; an increase from 25% to 45% of Spain’s current tax shelter for independent producers. John Hopewell, Variety, 27 June 2022 Like other types of IRA accounts, Ethereum in an IRA is a capital gains tax shelter. Robert Samuels | For Iron Monk Solutions, The Salt Lake Tribune, 11 May 2022 Like other types of IRA accounts, Ethereum in an IRA is a capital gains tax shelter. Robert Samuels | For Iron Monk Solutions, The Salt Lake Tribune, 11 May 2022 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 See More
Scott Roxborough, The Hollywood Reporter, 1 Sep. 2022 Charitable organizations offer the ability to give beyond government, but also provide the powerful with a valuable tax shelter, a tool for image-making, and an avenue for gaining soft power. Jasper Craven, The New Republic, 29 Aug. 2022 These limitations are intended to prevent abuse of the benefit as a tax shelter. Brian Boswell, Forbes, 19 July 2022 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 Big Spanish producers want a film-TV regulatory revolution tabled by Spain’s government: Rights reversion on productions made with streamers after five years; an increase from 25% to 45% of Spain’s current tax shelter for independent producers. John Hopewell, Variety, 27 June 2022 Like other types of IRA accounts, Ethereum in an IRA is a capital gains tax shelter. Robert Samuels | For Iron Monk Solutions, The Salt Lake Tribune, 11 May 2022 Like other types of IRA accounts, Ethereum in an IRA is a capital gains tax shelter. Robert Samuels | For Iron Monk Solutions, The Salt Lake Tribune, 11 May 2022 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 See More 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