With a structured sale annuity, the owner can defer constructive receipt of the capital gains and defer them over several years. (ohioinsureplan.com)
The employee / executive receiving the bonus pays income tax on the amount of the bonus in the year constructive receipt has occurred. (pacificinsurancegroup.com)
Actual or constructive receipt occurs at the time you have actual possession of the funds, exercise control over the funds, or you receive any economic benefit from the funds or assets. (exeter1031.com)