shelter

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Tax Shelter

An investment vehicle that reduces one's tax liability. For example, a 401(k) defers taxation until withdrawal from the account and may therefore be considered a tax shelter. Tax shelters are legal unless their sole purpose is to avoid taxes. See also: Tax evasion.

shelter


shelter

To protect one's income from taxation. Some taxpayers shelter their income by investing in such activities as oil drilling ventures.
References in periodicals archive ?
Participating homeless persons were examined by a physician and interviewed by using a standardized questionnaire, and serum samples were collected from each participant for laboratory testing.
When the Multi-Bank ATM Outreach program was initiated almost two years ago, the concept was to have formerly homeless persons communicate the availability of proper shelter for the night and the hope for an improved life," said Jeffrey S.
Not every homeless person is addicted to drugs or alcohol and we cannot possibly know the full story of that person and how they came to be without a home.
Autochthonous epidemic typhus associated Bartonella quintana bacteremia in a homeless person.
Every pudding sold will be giving a homeless person a Christmas dinner "with all the trimmings" at this year's Crisis Open Christmas, helping them to take the first steps to rebuild their lives.
Al Goldstein went from living the life of luxury, to the life of a homeless person.
When a homeless person is injured, are they to stay in the hospital indefinitely?
Detective Supt Peter Minshall appealed to any homeless person who could help to come forward.
Under current city guidelines, any property that a homeless person can carry with them -- even if it takes several trips -- cannot be removed as trash.
Armed with pounds 1,000 in cash, Sinead walked down the city's trendy Grafton Street looking for the first homeless person she could find.
The City Council moved to take emergency action to free up more resources and try to resolve the long-standing legal issue of when property is determined to be trash or owned by a homeless person.
EVERY homeless person in Dublin is to be counted early this morning in a bid to gauge the extent of the problem.

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