An asset, recorded on the balance sheet of an entity as a prepaid item, representing taxes that have been already...

It stands for deferred tax liability; the sums of income taxes that an entity expects to pay in future periods...

The sums of income taxes that an entity expects to pay in future periods in relation to taxable temporary differences....

It stands for deferred tax asset; the sums of income tax that an entity can recover in the future. These...

The sums of income tax that an entity can recover in the future. These income taxes are typically recorded as...