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When no taxes are due until the required time and the payments are held off, the action is called:_________

1 Answer

1 vote

Answer: Tax-deferred

Step-by-step explanation:

Tax-deferred is the term that is used to refers to the investment that include all the interest and the dividends such as capital and the income taxes.

The tax-deferred includes all the applicable taxes and in this type of concept the net taxes paid are same.

According to the given question, the no more taxes are due and also the payment or the amount are held off then this action is known as the tax-deferred.

Therefore, Tax-deferred is the correct answer.

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