tax shelter

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  • noun

Synonyms for tax shelter

a way of organizing business to reduce the taxes it must pay on current earnings

References in periodicals archive ?
The decision to end stallion tax exemption was announced in the Budget speech of December 2005, but only comes into effect from tomorrow.
Rafat Farid, Senior Vice President and Iftikahr Anwar Sethi said income tax exemption and duty free import of plant and machinery was a good incentive for FATA/ PATA as the same was enjoyed by All Economic Zones in the county.
One SRO1125-based sales tax exemption, extended to five export sectors leather, textile, carpets, surgical and sports goods surged to Rs86.7bn, from Rs61.3bn in 2017-18, an increase of 41.4pc.
With the decision turning effective immediately, over 20 members in the Pakistan embassy on Friday surrendered their Tax Exemption cards to the US authorities.
A state department spokesperson confirmed that there were pending tax exemption issues related to the US diplomatic mission in Pakistan.
The GDT announced in December that all SMEs must have legal certification demonstrating their business statuses and must submit business, financial and employee plans as well as commercial and labour agreements and their business locations to apply for tax exemption.
The committee also recommended tax exemption on locally made DTH boxes, the court stated.
The committee also recommended a tax exemption on locally made DTH boxes, the court stated.
Further the tax exemption has been allowed under clause 51 on perquisite represented by the right of the President of Pakistan, the Provincial Governors and the Chiefs of Staff, Pakistan Armed Forces to occupy free of rent as a place of residence any premises provided by the Government.
The business community of Ex FATA and PATA while talking to Mian Zahid Hussain expressed that according to federal board of revenue's notification five years tax exemption was announced by the economic coordination committee (ECC) to FATA and PATA but details in the package announced are completely different, which has created panic across the local business community.
Legal basis * Type of tax exemption Objective exemptions a) exemptions due to intended use 1 Art.
23 signed last May 8, President Duterte has renewed the travel tax exemption policy to certain air and sea travelers to the sub-regional growth area in Southeast Asia.
The Senate Finance Committee Thursday approved its version of tax reform legislation, which retains the credit union tax exemption.