Definition of Deferred tax assets and liabilities - Finance dictionary
Deferred tax assets and liabilities(See Chapter 7 of the Vernimmen)
Deferred taxation giving rise to Deferred tax assets or Liabilities stems from differences in periods in which the Income or expense is recognised for tax and accounting purposes (timing difference) or from differences between the taxable and Book values of assets and Liabilities (temporary difference).
Deferred tax assets and liabilities(See Chapter 7 of the Vernimmen)
Deferred taxation giving rise to Deferred tax assets or Liabilities stems from differences in periods in which the Income or expense is recognised for tax and accounting purposes (timing difference) or from differences between the taxable and Book values of assets and Liabilities (temporary difference).
Deferred tax assets and liabilities(See Chapter 7 of the Vernimmen)
Deferred taxation giving rise to Deferred tax assets or Liabilities stems from differences in periods in which the Income or expense is recognised for tax and accounting purposes (timing difference) or from differences between the taxable and Book values of assets and Liabilities (temporary difference).
