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The Paris Club, made up of 19 of the world's wealthiest nations, agreed to freeze debt payments of countries hit by the Asian tsunami until the end of the year, with the deferred amounts repaid over five years.
You pay tax later when those deferred amounts (and the interim earnings) are withdrawn in retirement, when you might have lower income and thus be in a lower tax bracket.
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Congress blocked that grab with a 1996 law that also protects those with deferred compensation as long as the deferred amount is received in periodic installments.
That deferred amount is still owed, but no interest accrues and the lump sum is due at the end of the 40 years, or when the house is sold.
In 2005 and 2006, 25 million euros ($30.4 million) a year in fees payable to the parent will be deferred, an amount that could rise to 50 million euros from 2007 to 2009 and then be as much as 25 million euros a year through 2014, depending on how well Euro Disney is doing.
The bonus pool includes cash bonuses for the current year as well as amounts deferred from previous years; deferred payments have grown in response to reforms put in place since the crisis.
The trio has managed to defer huge amounts of taxes through clever use of the rules governing depreciations.
The tax paid related to amounts deferred from previous years when Uber's UK operation made a loss.
In June it warned that some revenues from 31 of about 200 social housing contracts had been deferred hitting the amount of cash coming into the business.
They worked a lifetime and deferred a significant amount of current compensation in exchange for the company's promise that, upon their retirement, they would be paid a fixed stream of cash and provided with help with their medical bills.
It's not known what percent of the total bonus this group accounts for, but the total amount of deferred compensation in 2012 went down, Ruth Porat, the firm's chief financial officer, said in a recent interview.
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