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Demystifying Deferred Tax: A Thought Leadership Article by Dawgen Global
January 14, 2025by Dr Dawkins Brown
Deferred tax is often viewed as a complex concept, misunderstood by many professionals and businesses alike. Contrary to popular belief, deferred tax is not an actual tax payment but an accrual for tax. It functions similarly to other accruals or provisions by aligning the tax effect of transactions with the period in which they occur....
