deferred income lax

Tag: deferred income lax

Deferred Income Tax

See Also:Marginal Tax RatePrepaid Income TaxFlat Tax RatesTax BracketsDeferred RevenueCash Flow After Tax Deferred Income Tax Definition In accounting, the deferred income tax definition is a liability listed on the balance sheet. It represents an obligation to pay taxes. Deferred Tax Asset and Liability Most large corporations prepare two sets of financial records – one set

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