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 classic literature ?
Thuran, at the sound of that awful roar, had come to the opening of the shelter, and as he saw the tableau below him he hopped up and down, shrieking to them in Russian.
Although in some measure sheltered, our clothes soon became as wet as ever; this, after all the trouble we had taken to dry them, was provoking enough: but there was no help for it; and I recommend all adventurous youths who abandon vessels in romantic islands during the rainy season to provide themselves with umbrellas.
LAHORE -- More than quarter of a million (252042) passengers and homeless people availed facilities offered by Pakistan Tehreek Insaf's flagship project Panahgahs (Shelter Homes) for poor and vulnerable class, located in city's five crowded areas since November 24.
Summary: This study on the deployable military shelter market considers 2017 as the base year with market values estimated for 2018 and a forecast developed for the duration of 2018 to 2028.
ISLAMABAD -- Representative from the civil society on Wednesday demanded of the quarter concerned to establish more shelter homes to accommodate large number of homeless women.
RAWALPINDI -- Over 18,000 homeless people have been provided free accommodation facility in Fawara Chowk Shelter Home during last seven months.
PESHAWAR -- Participants of a consultation here on Monday demanded the upgradation of shelter homes through the implementation of a uniform management system and provision of facilities for the development of the destitute women living in government-run shelter homes.
LAHORE -- Punjab Chief Minister Sardar Usman Buzdar inaugurated the newly-constructed shelter home near the Lahore Railway Station on Wednesday.
This winter, 746 people (82 per cent men and 18 per cent women) have accessed the fixed term Care Shelter run by homelessness charity, A-Bethany Christian Trust.
[USA], Apr 2 (ANI): Sleepovers and short-term foster care can reduce stress in shelter dogs, a recent study suggests.
HARRISBURG -- Harrisburg Township Park celebrated its renovated Kiwanis Shelter at a recent early morning gathering.