tax shelter

noun

A legal structure that reduces tax liability for a person or the assets of that person.

Similar
shelter
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Meanings

nountax shelter (plural tax shelters)

plural tax shelters

  1. businessA legal structure that reduces tax liability for a person or the assets of that person.

Synonyms & antonyms

nouna way of organizing business to reduce the taxes it must pay on current earnings

Similar
shelter
Broader
decreasediminutionreduction
Also see
shelter

Synonym sets from Open English WordNet, CC BY 4.0.

Cite this entry
APA

tax shelter. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/tax%20shelter

MLA

“tax shelter.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/tax%20shelter. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “tax shelter,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/tax%20shelter.

Source: tax shelter on Wiktionary, CC BY-SA 4.0.