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Also available:
World English Dictionary
Dictionnaire Français
tax shelter
tax shel·ter
(
plural
tax shel·ters
)
noun
Definition:
investment intended to reduce tax:
an investment activity that tends to reduce income tax liability
tax-shel·tered
adjective
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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