Tax Deferral

Also found in: Wikipedia

0.01 sec.

Tax Deferral

A situation in which one is not required to pay taxes one would otherwise owe until some date in the future. Most of the time, tax deferral refers to contributions to an IRA or a 401(k) or other retirement instrument. Under many structures, one is able to make contributions from one's pre-tax income; this means that taxation is deferred until withdrawals are made, generally after retirement.

tax deferral

The delay of a tax liability until a future date. For example, an IRA may result in a tax deferral on the amount contributed to the IRA and on any income earned on funds in the IRA until withdrawals are made. At the corporate level, accelerated depreciation of assets results in a delay in tax liabilities. Tax deferral, which is legal, means a postponement, not an elimination, of a tax liability.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Direct Investment Postergacion del pago de impuestos Qualified Plan or Trust Salary Reduction Plan Savings Element Starker transaction Tax Deferral Option Tax Deferred Wraparound Annuity			Medinets rounded discussed the benefits from tax deferrals through 1031 Exchanges. Experts lead the search for smart bottom line by Real Estate Weekly The Obama proposal to cut out or cut back tax deferral would mean a huge tax increase for American businesses with overseas operations--a total tax burden of 50 percent on foreign operations in some cases. Tax deferral by Arkansas Business It's possible to achieve a significant income tax deferral each year by retaining business income in your corporation, rather than paying out a bonus or dividends. Two tax reasons to "purify" your corporate structure: proper planning ... by Herman, Jos / SaskBusiness			Tax Anticipation Note Tax Anticipation Notes Tax Arbitrage Tax Assessment Tax Audit tax avoidance tax base Tax Basis tax benefit rule Tax Books tax bounty hunter tax bracket Tax Break tax certificate Tax clawback agreement Tax Clientele Tax Counseling for the Elderly tax court Tax Court of Canada tax credit Tax Credit for the Elderly or Disabled Tax Deductibility Tax Deductible Interest tax deduction tax deed Tax Deferral Tax Deferral Option Tax Deferred Tax Deposit Tax Deposit Certificate tax depreciation Tax Differential View Tax Differential View of Dividend Policy Tax Equity And Fiscal Responsibility Act of 1982 Tax Equity and Fiscal Responsibility Act of 1983 tax evasion Tax Exempt tax exemption Tax Exile Tax Expenditure tax ferret tax foreclosure Tax Free Acquisition Tax Haven Tax Haven Affiliate Tax Holiday tax home Tax Identification Number tax indexing Tax Liability tax lien			Tax credits Tax cut Tax cuts Tax Data Perfection System Tax Data Record Tax Deducted at Source Tax Deductibility Tax deductible Tax deductible Tax deductible Tax deductible Tax deductible Tax Deductible Interest Tax Deductible Mortgage Plan tax deduction tax deduction tax deduction tax deduction tax deduction Tax Deduction Scheme for Interest Tax deductions Tax deductions Tax deductions Tax deductions Tax deductions Tax Deed Tax Deed Tax Deed Tax Deeds Tax Deeds Tax Deferral Tax deferral option Tax Deferral Options Tax Deferrals Tax deferred Tax Deferred Account Tax Deferred Accounts Tax Deferred Annuities Tax Deferred Annuity Tax Deferred Annuity Tax Deferred Contribution Tax Deferred Contributions Tax Deferred Equity Participation Plan Tax Deferred Income Tax Deferred Incomes Tax Deferred Retirement Account Tax Deferred Retirement Plan Tax Deferred Retirement Plan Tax Deferred Retirement Plans Tax Deferred Savings Plan Tax Delinquent Account Tax Department Tax Deposit Tax Deposit Certificate Tax Deposit Certificates Tax Deposits tax depreciation

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.