Benefit to a deferral of tax for an outbound transaction?

Either Way It’s Going to be Taxed, Right?

Due to the time value of money, deferral of tax could result in significant savings. This is especially true in situations where foreign taxes imposed are lower than the U.S. tax that would have been applied if there were no deferral. The benefit is the difference between the foreign tax imposed and the U.S. tax rate.