noun
a way of organizing business to reduce the taxes it must pay on current earnings
• Syn: ↑shelter
• Hypernyms: ↑decrease, ↑diminution, ↑reduction, ↑step-down
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noun, pl ⋯ -ters [count]
: a way of investing money that reduces the amount of tax that has to be paid
* * *
a way of using or investing money so that you can legally avoid paying tax on it
Useful english dictionary. 2012.