tax shelter - Hutchinson encyclopedia article about tax shelter Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,578,694,093 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

tax shelter

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.

tax shelter

Investment opportunity designed to reduce the tax burden on an individual or group of individuals, but at the same time to stimulate finance in the direction of a particular location or activity. Such shelters might be tax exempt or lightly taxed securities in government or a local authority, or forestry or energy projects.



How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
?Sign in SSL protected
Email:
Password:
Register

Mentioned in?  References in periodicals archive?   Hutchinson browser?   Full browser?
No references found
 
The Tax Court held that the tax shelter exception to the tax practitioner/client privilege did not apply to documents in the form of the minutes of meetings between a partnership and a federally authorized tax practitioner because the tax advice in the documents was not given in connection with the promotion of a tax shelter.
In so holding, the court adopted a more expansive view of what constitutes "promotion" of a tax shelter than the one that figured in the U.
The CRA Charities Directorate says, "it appears that the preponderance of the Charity's funds are directed primarily to the benefit of the tax shelter promoters and to the promotion of the tax shelter arrangement while a scant percentage reverts back to the Charity.
 
 
 
Hutchinson Encyclopedia
?

Terms of Use | Privacy policy | Feedback | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.