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| Definition Of: |
Deferred Taxes
Income tax calculated on book income but not currently due for true tax purposes. Balance is carried on the balance sheet until it is reversed in later years. Used by many corporations as another source of cash flow.
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Leasing Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 A: Page 1 of 4.
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