Open Beta: Free Premium Access! We'd love your feedback.
Try App Now

What does Deferred Tax Liability mean?

A tax that is assessed or is due for the current period but has not yet been paid, appearing as a liability on the balance sheet.

Deferred Tax Liability in a sentence
Accelerated depreciation for tax purposes often creates a deferred tax liability on the balance sheet.

Deferred Tax Liability in German, French, Spanish and Italian

German
Latente Steuerschulden
also Passive latente Steuern

Künftige Steuerbelastung durch heutige Bilanzierungsunterschiede.

French
Passif d'impôt différé

Impôt qui devra être payé plus tard en raison de décalages temporels.

Spanish
Pasivo por impuesto diferido

Obligación de pagar impuestos en el futuro por diferencias temporales.

Italian
Passività per imposte differite

Debiti d'imposta che matureranno in esercizi successivi.

Synonyms and opposites for Deferred Tax Liability

More Accounting terms

All accounting terms →

Deferred Tax Liability is filed under