Tax shelters are any method of reducing taxable income resulting in a reduction of the payments to tax collecting entities, including state and federal governments. The methodology can vary depending on local and international tax laws. In North America, a tax shelter is generally defined as any method that recovers more than $1 in tax for every $... Found on http://en.wikipedia.org/wiki/Tax_shelter
(from the article `income tax`) ...reflect economic reality can be `passed through` to the owners of a business, perhaps by the use of a partnership, the losses can offset income ... Found on http://www.britannica.com/eb/a-z/t/17
Investment opportunity designed to reduce the tax burden on an individual or group of individuals but at the same time to stimulate finance in the direction of a particular location or activity.... Found on http://www.encyclo.co.uk/local/20688
A technique that legally reduces or avoids... <a target=_blank href='http://www.finance-glossary.com/terms/tax-shelter.htm?id=13032&ginPtrCode=00000&PopupMode=false' title='Read full definition of tax shelter'>more</a>
Found on http://www.finance-glossary.com/pages/home.htm
- Arrangement in which allowable tax deductions or EXCLUSIONS result in the deferral of tax on INCOME that would otherwise be payable currently. Found on https://www.encyclo.co.uk/local/21071