Mr. Verges works for the U.S. government as a promoter and seller of tax credits “ treasury stock” . Once the debt is paid the tax is due unless the debt is turned over. This turning of the debt is referred to as deferring the tax’s as debt payment has presidence over tax debt. The tax debt in other words becomes collateral for the payment of the debt.
A tax debt could become dorment for a 100 years or more. Often it will be the third generation who is rewarded. This is of course if the tax debt can be ever paid. Always saver buying a dividend rewarded stock.
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