Deferred Tax Asset
- Dennis Daggett (Deactivated)
Owned by Dennis Daggett (Deactivated)
2018-02-17
1 min read
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The deferred tax consequences attributable to temporary differences which are deductible when calculating taxable income and tax loss carryforwards. It is measured using the tax rate and provisions of the applicable tax law. A deferred tax asset should be shown on the balance sheet only to the extent that, based on available evidence, the deferred tax asset is expected to be realized at some future date. (II-22, 42)
Authorization Path: 2.2.5.2.43.1