LT Deferred Tax Assets


  • Id: bs_deferred_tax_assets_lt
  • Type: fundamentals
  • Subtype: balance_sheet
  • Units: currency
  • Decimal Points: 0
  • Currency Convertible: Yes
  • Tags: “LT deferred tax assets”, “long-term deferred tax assets”, “non-current deferred tax assets”, “future tax benefits”, “tax overpayments”


The value of a business’s asset that represents the future tax benefits that arise from temporary differences between the accounting and tax bases of its assets and liabilities, or from tax loss carryforwards. Deferred tax assets are reported on the balance sheet and are expected to be realized within or beyond one year. Deferred tax assets are reduced by a valuation allowance if it is more likely than not that some portion or all of the deferred tax assets will not be realized.