abusive tax shelter

Definition

A tax shelter which the IRS feels is being used to claim illegal deductions, such as inflating the value of acquired property above its market value.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Popular 'Taxes' Terms

dividend
escrow
annuity
fiscal policy
disposable income

credit
tax
effective tax rate
sole proprietorship
LLC

abusive tax shelter in the news

Enter your email address to get our free Term of the Day newsletter!

Tools

abusive tax shelter is ...

... part of the Taxes subject.

Nearby Terms