Tax deferral is the most desirable form of tax treatment for employee compensation elements.

Name: Tax deferral is the most desirable form of tax treatment for employee compensation elements.
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

Tax deferral is beneficial as it allows taxes on income to be paid at a later date, potentially at a lower rate, but it is not always the most desirable form of tax treatment. Tax-exempt or tax-free treatments, where certain compensation elements are not taxed at all, can be more advantageous.

Tax Deferral Is the Most Desirable Form of Tax Treatment