Advertising

Deferred income taxes

• On the Balance Sheet, deferred taxes are a liability that result from income already earned and recognized for accounting purposes, but not for tax purposes.

 
 

Follow this link for all the terms related to incometax.

 
 Embedded terms in definition
 Balance sheet
Deferred taxes
Income
Liability
 
 Related Terms
 

<< Deferred futures Deferred nominal life annuity >>

What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

Am I not destroying my enemies when I make friends of them? - Abraham Lincoln (1809-1865)

Advertising



Copyright 2009-2018 GVC. All rights reserved.