The lecture Income Taxes by Edu Pristine is from the course Archiv - Financial Reporting and Analysis. It contains the following chapters:
5 Stars |
|
5 |
4 Stars |
|
0 |
3 Stars |
|
0 |
2 Stars |
|
0 |
1 Star |
|
0 |
... define key terms, including deferred tax assets, deferred tax liabilities, valuation allowance, taxes payable, and income ...
... Tax Expense, "Accounting Profit (PBT/EBT)", Taxable Income "Deferred Tax Assets(DTA)" ...
... B. Taxes payables are the amount due to the government C. Pretax income is income tax expensed divided by one minus the statutory ...
... correct answer is: Pretax income is income tax expensed divided by one minus the statutory tax rate. ...
... analysis: Explain how deferred tax liabilities and assets are created and the factors that determine how a company ...
... shown as a part of Equity "A DTA/DTL is created only for temporary differences. ...
... it should be treated as liability. The correct answer is: It should be treated as equity. When DTL is not expected to reverse in the foreseeable future ...