I have a good example about DIT# Business - 商学院
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Here is about Deferred Income Tax:
Why the $25,420 deferred tax exists and how it affects the 2001 and the 2002
financial statements and why it makes sense to do thing this way?
In 2001, Operation Income Before Taxes is negative taxable income; this means
tax-deductible expenses exceed taxable revenue. Also there is no tax payable
for the year an operating loss occurs because there is no taxable income. In
addition, the tax-deductible expenses that cannot be deducted this year
because they excee
Why the $25,420 deferred tax exists and how it affects the 2001 and the 2002
financial statements and why it makes sense to do thing this way?
In 2001, Operation Income Before Taxes is negative taxable income; this means
tax-deductible expenses exceed taxable revenue. Also there is no tax payable
for the year an operating loss occurs because there is no taxable income. In
addition, the tax-deductible expenses that cannot be deducted this year
because they excee