Meaning Deferred taxes
What does Deferred taxes mean? Here you find 3 meanings of the word Deferred taxes. You can also add a definition of Deferred taxes yourself
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Deferred taxesAn amount allocated during the period to cover tax liabilities that have not yet been paid.
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Deferred taxesTax charges and accruals allocated for payment in a later financial year. Deferred taxes reflect the temporary differences between assets and liabilities recognised for financial reporting purposes and such amounts recognised for income tax purposes.
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Deferred taxes A liability that represents the accumulated difference between the income tax expense reported on the firm's books and the income tax actually paid. It arises principally because depreciation [..]
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