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tax-deductible
tax-deferred
tax disk
tax-efficient
tax-efficient investment
tax evasion
tax-exempt
tax exile
tax-favored asset
tax-free
tax haven
tax holiday
tax incentive
tax inspector
tax lien
tax loss
tax man
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tax-favored asset
tax-fa·vored as·set (plural tax-fa·vored as·sets)


noun 
Definition:
 
finance asset receiving favorable tax treatment: an investment whose profits are taxed less than in other investments.
U.K. term  tax-efficient investment
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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