Examlex
What process explains the slow rate of snowmelt on a sunny day when the air temperature is above freezing?
Deferred Tax Asset
A financial item on a company's balance sheet that reduces future tax liabilities due to deductible temporary differences, losses, or credits.
Unrealised Profit
Profit that results from an increase in value of an asset that has not yet been sold and thus has not generated actual cash inflow.
Intragroup Sale
Transactions occurring between entities within the same group or conglomerate, often scrutinized for transfer pricing and tax implications.
Unrealised Profit
Unrealised profit refers to profits that have been generated on paper through an investment's increased value but have not yet been realized through a sale.
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