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15 March 2009 what is differed tax with example

15 March 2009 Deferred in accounting is any account where the asset or liability is not realized until a future date, e.g. annuities, charges, taxes, income, etc. The deferred item may be carried, dependent on type of deferral, as either an asset or liability
The Deferred Taxes are those which will be paid in future



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