For Tax Shelter we have terms and definitions in 5 topics. The topics are Accounting, Accounting Terms, Finance, Real Estate and Tax.

Tax Shelter (Accounting)

Arrangement in which allowable tax deductions or EXCLUSIONS result in the deferral of tax on INCOME that would otherwise be payable currently.

Tax Shelter (Accounting Terms)

Arrangement in which allowable tax deductions or EXCLUSIONS result in the deferral of tax on INCOME that would otherwise be payable currently.

Tax Shelter (Finance)

Legal methods taxpayers can use to reduce tax liabilities. An example is the use of depreciation of assets.

Tax Shelter (Real Estate)

A phrase often used to describe some of the tax advantages of real estate or other investments, such as noncash deductions for cost recovery (depreciation), interest, taxes and postponement or even elimination of certain taxes. The tax shelter not only may offset the investor's tax liability relevant to the real estate investment but also may reduce the investor's other ordinary income, which reduces overall tax liability.

Tax Shelter (Tax)

Investment to acquire something of value with the expectation it will produce income and reduce or defer taxes.

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