 The taxpayer pays an upfront finance fee and a tax pooling intermediary makes a date-stamped deposit equal to the amount financed into its tax pool account on behalf of the taxpayer on the provisional tax date.The taxpayer then pays the intermediary at the agreed upon date in the future and the intermediary arranges the tax deposit to be transferred from its tax pool to the taxpayer's IRD account.Tax finance became popular in 2009 when businesses were experiencing cashflow constraints and looking at other sources of working capital.