tax shelters
Tax shelters are legal strategies or financial arrangements used by individuals or businesses to reduce their taxable income, which ultimately leads to lower tax liabilities. These arrangements typically involve investing in specific assets or taking advantage of specific tax codes to minimize the amount of income subject to taxation.
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Related Concepts (28)
- 1031 exchange tax shelters
- agricultural tax shelters
- capital gains tax
- captive insurance tax shelters
- charitable tax shelters
- corporate tax dodging
- corporate taxes
- domestic tax shelters
- employee stock ownership plan (esop) tax shelters
- energy tax shelters
- family limited partnership (flp) tax shelters
- film production tax shelters
- foreign investment tax shelters
- individual retirement account (ira) tax shelters
- life insurance tax shelters
- limited liability company (llc) tax shelters
- nonprofit organization tax shelters
- offshore tax havens
- offshore tax shelters
- private equity tax shelters
- real estate tax shelters
- tax avoidance
- tax evasion
- tax evasion and avoidance reforms
- tax fraud
- tax sheltered annuities (tsas)
- tax shelters for artists or athletes
- trust tax shelters
Similar Concepts
- penalties for tax evasion through tax shelter schemes
- tax avoidance and evasion
- tax benefits
- tax breaks
- tax deductions
- tax exemptions
- tax havens
- tax incentives and avoidance strategies
- tax loopholes
- tax planning
- tax planning strategies
- tax relief programs
- tax savings strategies
- tax shifting
- tax strategies