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What does Deferred Tax Asset mean?

An item on a company's balance sheet that may be used to reduce taxable income in the future.

Deferred Tax Asset in a sentence
A company creates a deferred tax asset when it pays more tax than is reported on its income statement.

Deferred Tax Asset in German, French, Spanish and Italian

German
Latente Steueransprüche
also Aktive latente Steuern

Künftige Steuerentlastung durch heutige Differenzen in der Bilanz.

French
Actif d'impôt différé

Actif résultant d'impôts payés en avance par rapport à la règle fiscale.

Spanish
Activo por impuesto diferido

Derecho a reducir el pago de impuestos en periodos futuros.

Italian
Attività per imposte anticipate

Crediti d'imposta derivanti da costi a deducibilità rinviata.

Synonyms and opposites for Deferred Tax Asset

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Deferred Tax Asset is filed under