0 a financial arrangement by which investments can be made without paying tax
1 a financial arrangement by which a person can avoid paying the government the usual percentage of money earned from investments or income
2 a way of investing or spending money that allows a person or a company to avoid tax or to pay less tax than they would normally:
It would prevent the unscrupulous from hiding behind a laudable environmental objective purely for the purpose of erecting a convenient tax shelter.
Indeed, it is surprising that they have not gone further in tackling the use of companies as a tax shelter in respect of property transactions.
It should not provide only financing benefits for companies, nor become a tax shelter.
That is the only part of the transaction on which they do not have a tax shelter.
It will do nothing to solve our housing crisis, but it will do everything to create splendid new tax shelter opportunities.
Apart from any other reason, a tax shelter is very expensive to operate and it would be advantageous to repatriate funds here.
Only during the 1980s was that tax shelter fully appreciated and exploited by those who chose to exploit it.
We have supported the removal of forestry from the tax shelter.
