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deferred payments

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deferred payments

Payments to be made at some point in the future. Some leases have deferred payment provisions rather than free-rent concessions. With deferred rent payments, the tenant pays no rent for the first 3 to 12 months, but then will pay higher-than-market rent for the balance of the lease term as the tenant makes payments on the rent that accrued in the early months.



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2, the court required the taxpayer to accrue in income, in the year it is earned, the total contract price for the sale of barges--including amounts withheld by customers against deferred payments because of a commercial contract dispute.
It was not clear if the deferred payments would be paid back.
The benefits of a structured settlement over a lump-sum payment include the security of a guaranteed long-term income with deferred payments that are exempt from income taxes.
 
 
 
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