Examlex
Combining all normalized user views into one consolidated logical database model refers to:
Group
A parent and its subsidiaries.
Deferred Tax Asset
An accounting term referring to a situation where a business has paid more taxes or has higher tax payments upcoming than what is currently due on the financial statements.
Income Tax Expense
The total amount of income tax owed to tax authorities, reflecting current tax and deferred tax charges and credits for the period.
Deferred Tax Liability
A tax obligation that a company owes but can postpone to future periods.
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