future income tax

English - English

Definition of future income tax in English English dictionary

Deferred tax is an accounting concept (also known as future income taxes), meaning a future tax liability or asset, resulting from temporary differences or timing differences between the accounting value of assets and liabilities and their value for tax purposes

Hyphenation

fu·ture in·come tax

Turkish pronunciation

fyuçır înkʌm täks

Pronunciation

/ˈfyo͞oʧər ˈənˌkəm ˈtaks/ /ˈfjuːʧɜr ˈɪnˌkʌm ˈtæks/