Examlex
A special power of attorney empowers the agent to act in any matters on the principal's behalf without limitation.
Deferred Tax Asset
A Deferred Tax Asset arises when a company pays more tax to the government than it owes in its financial statements, which can be used to reduce tax liability in future periods.
Adjusted
Refers to the modification of financial statements to provide a more accurate picture by removing the effects of non-recurring transactions or events.
Permanent Differences
Differences between taxable income and accounting income that are not temporary and hence do not reverse over time.
Pretax Financial Income
The total earnings of a company before any taxes have been deducted.
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