Usually means: Delaying payment of taxes due.
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We found 6 dictionaries that define the word Tax deferral:

General (2 matching dictionaries)
  1. tax deferral: Dictionary.com
  2. Tax deferral: Wikipedia, the Free Encyclopedia

Business (4 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. MSN Money (No longer online)
  3. tax deferral, Tax deferral: Financial dictionary

Definitions from Wikipedia (Tax deferral)

noun:  Tax deferral refers to instances where a taxpayer can delay paying taxes to some future period.

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