If the carrying value of assets is greater than the tax base meaning that the carrying value of assets recogniz by the company is greater than the value recogniz by tax then the amount of income subject to tax will exce the amount of tax currently impos. This means that the current value of assets or costs that can be duct for fiscal purposes is smaller than in the future. This difference is a temporary taxable difference and the future tax liability is a Deferr Tax Liability KPT.
If the current carrying
Value of assets recogniz by the company India Telegram Number Data is less than the value recogniz by tax. In the future the companys tax obligations will be smaller than the current tax obligations. This means that the value of assets recover in the future for fiscal purposes is greater than the value of assets recover now resulting in Deferr Tax Assets APT. Also read Ductible and NonDuctible Expenses in Tax Calculation Deferr Tax Method Bas on PSAK According to Financial Accounting Standards PSAK No. the permitt method for allocating taxes between periods is the deferr tax method.
The deferr tax method
Was chosen to be us in preparing Qatar Phone Number List financial reports because in general it can be said that this method includes a comprehensive allocation of temporary differences and not a partial allocation of temporary differences. tax method there is a kind of income tax savings because pretax income is greater than taxable income which will appear as a deferr tax crit on the companys balance sheet. This deferr tax crit is then allocat to subsequent years and when the temporary differences are recover the tax burden will decrease. And if the deferr tax has been calculat using the original rate in effect at the time the temporary difference arises.
