Examlex
A Web ____ is a computer that stores Web documents and makes them available to users over the Internet.
Tax Rate Change
An adjustment to the rate at which earnings or transactions are taxed, imposed by governmental taxing authorities.
Deferred Tax Assets
The amounts of income taxes recoverable in future periods in respect of deductible temporary differences, carryforward of unused tax losses, and carryforward of unused tax credits.
Taxable Temporary Difference
The difference between the tax base of an asset or liability and its carrying amount in the financial statements that will result in taxable amounts in future periods.
Deferred Tax Asset
An accounting term that refers to a situation where a company has paid more taxes to the government than it has shown as an expense in its financial statements, leading to future tax savings.
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