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What are deferred taxes?

Updated: 9/18/2023
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11y ago

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DEFERRED taxes MEAN not paying certain types of taxes currently.

The payment of taxes on certain income or different asset at some period of time in the future.

The buying and holding of capital assets before selling the capital assets in the future. Deferred compensation that will be subject to the deferred income tax on the deferred compensation sometime in the future.

Deferred taxes for investor owned public utilities.

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Q: What are deferred taxes?
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