What Is a Property Tax Deferral?

Tax deferral refers to a taxpayer's policy of paying taxes after receiving certain income. For individuals, tax deferral means huge tax benefits. Also called deferred tax or tax payment.

Tax deferral

Right!

Tax deferral refers to a taxpayer's policy of paying taxes after receiving certain income. For individuals, tax deferral means huge tax benefits. Also called deferred tax or tax payment.

policy Analysis

I. Obvious tax benefits for policyholders

As the insured is in different life stages when purchasing insurance and receiving insurance premiums, and their incomes are different, the applicable tax rates are very different. Pension tax deferral has very great tax benefits for the insured.

2. A clear signal of the state's preferential tax policy to promote the development of supplementary pension insurance

Substantial reduction in the cost of individuals participating in supplementary pension insurance through tax preferential policies, gradually reducing the public's reliance on basic pension security and alleviating financial pressure, will ultimately help the state, enterprises, and individuals in the pension security system take their own responsibilities, Ongoing endowment insurance mechanism.

Third, the degree of implementation is very high

International tax benefits for personal endowment insurance are common practice