Deferred Tax Expense

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Deferred tax expense

A non-cash expense that provides a source of free cash flow. Amount allocated during the period to cover tax liabilities that have not yet been paid.

Money that an individual or company owes for taxes but has not yet paid. Deferred tax expenses are placed aside and kept until the company or individual pays taxes, either once per quarter or once per year. Deferred tax expenses are most common for corporations and independent contractors who do not have their taxes deducted from their cash inflows.

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Changes in Financial Position IRA/Keogh accounts Keogh Plan Other Long-Term Liabilities Other sources			He also pointed out that during the tax exemption period, deferred tax accounting issues also arise and at times companies incorrectly do not account for the deferred tax expenses during the tax holiday period. KPMG 'Tax Breakfast' seminar focuses on infrastructure sector by Times of Oman (Muscat, Oman) Deferred tax expense is an income statement term used to refer to the difference between the deferred tax assets and liabilities between the beginning and end of an accounting period when the deferred liabilities are greater than the deferred assets, or when there is a net decrease in deferred tax assets. SFAS 109 Accounting for Income Taxes: An Overview With Examples by Martin Jr., Vernon M. / The National Public Accountant Unlike FAS 109, changes in deferred tax assets or liabilities will not be reported in the income statement as a deferred tax expense or benefit. SSAP No. 10 affects insurance companies by Weinberger, Mark / The Tax Adviser			Deferred Charge deferred charges deferred commission Deferred Compensation deferred contracts Deferred Credit Deferred Dividend Deferred Equity deferred exchange Deferred Futures deferred gain deferred income Deferred Income Tax Deferred Interest Deferred Interest Bond Deferred Liability deferred maintenance Deferred Nominal Life Annuity Deferred Payment Annuity Deferred Payment Option deferred payments Deferred Premium Option Deferred Profit Sharing Plan Deferred Sales Charge Deferred strike option Deferred Tax Expense Deferred-Interest Bond deficiency Deficiency Agreement Deficiency Dividend deficiency judgment Deficiency Letter Deficit Deficit comercial Deficit de recursos Deficit estructural Deficit estrutural deficit financing Deficit Net Worth Deficit Reduction Act of 1984 Deficit Spending Deficit structurel Defined Asset Fund Defined Benefit Plan Defined Contribution Plan Defined event defined-asset fund Defined-Benefit Pension Plan Defined-Benefit Plan Defined-Contribution Pension Plan Defined-Contribution Plan			deferred payments Deferred Planned Incremental Availability Deferred Policy Acquisition Costs deferred premium option Deferred Premium Options Deferred Procedure Calls deferred processing Deferred Profit Sharing Plan Deferred Profit Sharing Plan Deferred Profit Sharing Plans Deferred Prosecution Agreement Deferred Prosecution Probation Deferred Prosecution Unit Deferred Retirement Option Plan Deferred revenue Deferred Revenue Liability Deferred Revenues deferred sales charge deferred sales charge Deferred Sales Charges deferred sentence Deferred Stock Unit Deferred strike option Deferred Supplemental Income Benefit Deferred tax Deferred tax Deferred Tax Asset Deferred Tax Expense Deferred Tax Expenses Deferred Tax Liability Deferred Taxation Deferred Taxes Deferred Work Element Deferred Write Queue Threshold Deferred Write Threshold deferred-interest bond Deferred-Interest Bonds Deferred-Payment Annuities Deferred-Payment Annuities Deferred-Payment Annuity Deferred-Payment Annuity deferrer deferrer deferrers deferrers deferring deferring Deferrioxamine deferrization Deferroxamine defers defers defervesce defervesce defervesce defervesced defervesced defervesced

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