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Categories explained: Deferred Tax
Categories explained: Deferred Tax
Steven Anderson avatar
Written by Steven Anderson
Updated over a week ago

Deferred tax is about the positive (asset) or negative (liability) entry on a balance sheet to do with tax you are going to pay at some point in the future.

Whats Included

Deferred tax liabilities

Deferred tax assets

These will be visible as entries on a balance sheet and represent the negative and positive amounts of tax that is owed.

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