The government wants to prevent almost all involuntary repossessions, through, for example, a mortgage-interest deferral scheme.
When tax rate was changed, deferral tax was adjusted at once and had future meaning. At all periods between produce and transfer, liability method accorded with matching principle better.
And you're taking advantage of the matching and the tax deferral that those all provide.
I 1. Indirect tax rebate schemes can allow for exemption, remission or deferral of prior-stage cumulative indirect taxes levied on inputs that are consumed in the production of the exported product (making normal allowance for waste).
(e) The full or partial exemption remission, or deferral specifically related to exports, of direct taxes or social welfare charges paid or payable by industrial or commercial enterprises.
It may be that the candor of contemporary literature creates a nostalgia for indirection, obliquity and deferral(Anatole Broyard)
These can be issued to minimise a tax liability, but could also be used in place of shares as part of a deferral arrangements.
Those who favour deferral point to Uruguay.
deferral and amortization of gains and losses
