Deferred tax liability
In accounting, deferred tax liability means future tax payable on taxable temporary differences — typically accelerated tax depreciation — measured at enacted rates.
- Layer
- Lexicon
- Defined in
- Lexicon
- Also called
- DTL
- Nearby
- 4
Authority
This definition follows ASC 740-10-30-5.
Every citation in this system, with the text we read and the date we checked it, is in US GAAP and where these rules come from.
What it is not called
Each of these is a real word for a different thing. Using it here is what makes a product read as though it was built by someone who has not done the work.
- income tax payable (current, due now)
Nearby in the catalog
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Terms this one depends on
Also in Tax
Defined in Lexicon. This page is generated from that document, so the two cannot disagree.