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A deffered tax is is used in accounting to reduce a periods income tax.Ê It can arise dueÊto a net loss which can only then be recorded as an assest if the asssest will be used in teh future.

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What are deferred taxes?

DEFERRED taxes MEAN not paying certain types of taxes currently.The payment of taxes on certain income or different asset at some period of time in the future.The buying and holding of capital assets before selling the capital assets in the future. Deferred compensation that will be subject to the deferred income tax on the deferred compensation sometime in the future.Deferred taxes for investor owned public utilities.


What are differed taxes?

I think you mean "deferred taxes." These are taxes that do not have to be paid immediately but can be put off to a future time.


Do you include Deferred income taxes current for calculating current assets in working capital calculation?

No you dont. Think about it, part of the equation for free cash flow is defined as subtracting out changes in working capital, capex, and changes in deferred taxes. changes in deferred taxes should be used in calculating cash taxes, not changes in working capital


Tax treatment of deferred revenue expenditure?

What Did you mean by deferred revenue tax


Do you include deferred taxes in current assets when calulating current ratio ratio?

No, deferred taxes are not included in current assets when calculating the current ratio. The current ratio is defined as current assets divided by current liabilities, and it typically includes cash, accounts receivable, and inventory, among others. Deferred tax assets are generally classified as non-current assets, as they represent taxes that can be recovered in future periods.

Related Questions

What are deferred taxes?

DEFERRED taxes MEAN not paying certain types of taxes currently.The payment of taxes on certain income or different asset at some period of time in the future.The buying and holding of capital assets before selling the capital assets in the future. Deferred compensation that will be subject to the deferred income tax on the deferred compensation sometime in the future.Deferred taxes for investor owned public utilities.


What are differed taxes?

I think you mean "deferred taxes." These are taxes that do not have to be paid immediately but can be put off to a future time.


What is a deferred taxes payables?

The taxes which is owed by a corporation in the goverment authority.


What is tax deferred wages?

Tax-deferred wages is a reference to income of which there is no tax withholding. The taxes on the wages will be deferred until the end of the year.


Do you include Deferred income taxes current for calculating current assets in working capital calculation?

No you dont. Think about it, part of the equation for free cash flow is defined as subtracting out changes in working capital, capex, and changes in deferred taxes. changes in deferred taxes should be used in calculating cash taxes, not changes in working capital


Is possible to have taxes deferred?

It is possible for individuals to legally have their taxes deferred to some future date through strategies such as retirement accounts, or registered retirement savings plans. Corporations may have taxes deferred by using strategies such as accelerated depreciation and the retention and reinvestment of corporate earnings back into a foreign country.


An excess of income taxes expense over income taxes payable for a period is associated with?

a credit to deferred income taxes payable


What is wage tax?

Tax-deferred wages is a reference to income of which there is no tax withholding. The taxes on the wages will be deferred until the end of the year.


Where can one find the definition of deferred annuities?

Deferred annuities are either fixed or variable. A deferred annuity is where one deposits funds with an annuity company. Taxes on any financial gains made by your investments are deferred until you withdraw your funds.


What is a deferred annuity?

An annuity that will not begin until some time period in the future.A deferred annuity is an annuity in which the taxes due on any taxable portion is deferred until you start to withdraw from the annuity. It is a way of compounding interest on the money you would normally paid taxes on if not in a ta deferred annuity. In a way it is like using the government's money to make you money.


Is noplat nopat same?

NOPAT = NOPLAT - Change in Deferred Income Taxes


Tax treatment of deferred revenue expenditure?

What Did you mean by deferred revenue tax