Deferred tax and Discrete random variable: Difference between pages

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''Accounting.''
''Statistics.''


Deferred tax relates to the timing differences between accounts and tax.
A random variable for which it is possible to make a finite list of all possible values.
 
Deferred tax reflects the future tax effects of transactions and events that have already been entered into at the balance sheet date.
 
 
A simple example of a deferred tax asset is a tax loss eligible for carry forward to shelter expected future taxable profits.
 
In this case, the expected future tax savings would be an asset/benefit recognised in the current balance sheet.




== See also ==
== See also ==
* [[Provision]]
* [[Binomial distribution]]
* [[Tax written down value]]
* [[Continuous random variable]]
* [[Timing differences]]
* [[Poisson distribution]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 13:05, 6 May 2016

Statistics.

A random variable for which it is possible to make a finite list of all possible values.


See also