tax

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tax

a compulsory financial contribution imposed by a government to raise revenue, levied on the income or property of persons or organizations, on the production costs or sales prices of goods and services, etc.
References in periodicals archive ?
Many other tax shelters require an investor's deduction to be spread over two or more years, and so a tax shelter investment in resource activities can be very attractive.
These claims arose from a series of failed tax shelter investments recommended by the firm to its clients.
Eliminate special deductions that made tax shelter investments too appealing in the first place.