• The End of Deferral As We Know It: The New Rules Prohibiting the Deferral of Compensation Paid to U.S. Managers By Off-Shore Hedge Funds
  • October 16, 2008 | Author: Mark H. Leeds
  • Law Firms: Greenberg Traurig, LLP - New York Office; Greenberg Traurig, LLP - Miami Office
  • "A duty dodged is like a debt unpaid; it is only deferred, and we must come back and settle the account at last."1 With all due deference to Mr. Newton, deferral of one's duty to pay federal income tax is one of the holy grails of tax planning.