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'''Deferred Taxes''' are [[tax]]es that may appear on a company’s [[balance sheet]] as either an asset or a liability.
'''Deferred Taxes''' are [[tax]]es that may appear on a company’s [[balance sheet]] as either an [[asset]] or a [[liability]].
They arise due to timing differences in the Taxable Income of a [[corporation]] vs. its accounting income under Generally Accepted Accounting Principles (GAAP).
They arise due to timing differences in the Taxable Income of a [[corporation]] vs. its accounting income under Generally Accepted Accounting Principles (GAAP).