Русско-англо-русский юридический словарь

Tax deferral is when taxpayers delay paying taxes to some point in the future. Some taxes can be deferred indefinitely, while others may be taxed at a lower rate in the future. Individual taxpayers and corporations may defer certain taxes; retaining corporate profits overseas is also a form of tax deferral. (Bankrate Glossary)

U.S. multinationals maintain that deferral of taxes on foreign earnings keeps them competitive in world markets with rivals whose home countries do not tax foreign profits. (Center for American Progress)

Trump forced most federal workers who fall under the executive branch, including the military, to take the tax deferment. About 1.3 million federal employees saw fatter paychecks for several months as the government stopped collecting the 6.2 percent tax that normally comes out of a worker’s paycheck to fund Social Security. (The Washington Post)