tax shield

noun

The reduction in income taxes that results from taking an allowable deduction from taxable income.

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Meanings

nountax shield (plural tax shields)

plural tax shields

  1. The reduction in income taxes that results from taking an allowable deduction from taxable income.
Cite this entry
APA

tax shield. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/tax%20shield

MLA

“tax shield.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/tax%20shield. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “tax shield,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/tax%20shield.

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