Examlex
What term is used to refer to reasonably stable patterns of perceiving, thinking, feeling, and responding to the environment?
Operating Loss Carryforward
A tax provision that allows businesses to apply current year operating losses against future profits to reduce tax liability.
Deferred Liability
A liability that is recognized on the balance sheet but will be settled at some point in the future.
Tax Benefit
A tax policy that allows certain deductions, credits, or exclusions that ultimately reduce a taxpayer's burden, improving financial efficiency.
Operating Loss Carryforward
A tax provision that allows businesses to apply current year's operating losses to future profits for tax relief.
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