English

Definition of tax shelter noun from the Oxford Advanced Learner's Dictionary

 

tax shelter

 noun
noun
BrE BrE//ˈtæks ʃeltə(r)//
 
; NAmE NAmE//ˈtæks ʃeltər//
 
 
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a way of using or investing money so that you can legally avoid paying tax on it
See the Oxford Advanced American Dictionary entry: tax shelter