; Computation of Deferred Tax Liability -- An Example | Library | AgRisk Library

Open in new window Computation of Deferred Tax Liability -- An Example

Michael R Langemeier ( November, 2011 )

Summary

Deferred taxes reconcile the tax basis of a balance sheet with the basis currently being used for valuing assets and recording liabilities. That is, if all assets could be liquidated for exatly the amount shown on the balance sheet and if all liabilities could be satisfied by payment of exactly the amount shown, then what taxable income would result and what would be the tax liabilitity.


Details

Organization AgManager
Publisher Kansas State University
Publication Date November, 2011
Publication Views 382
Material Type Written Material

Filed Under