Tax shield

The amount of money saved in income taxes by taking allowable deductions. Calculate tax shield by multiplying deductions by tax rate. For example, if an individual falls in the 33% income tax bracket and deducts $1,500 from their taxable income, he would have a tax shield benefit of $495.

Options as a shield against a sec. 382 ownership change.: An article from: The Tax Adviser

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Deduction

Tax bracket

Taxable income

Taxes

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