| 单词 | deferred taxation |
| 释义 | deferred taxation deferred taxation noun [U] (also deferred tax [U,C])
(Accounting ) tax on profits made during a particular accounting period which only needs to be paid during a later period. Companies keep an amount of money separate in their financial records to pay for this: Provision has been made for deferred taxation. The effect of deferred taxation was to reduce after-tax profit by £6.5 million. |
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