Examples of Deferred Income Taxes in a sentence
There shall not be netted against entries required to be made to these accounts any credit amounts appro- priately includible in Account 411.1 or Ac- count 411.2.B. Accounts 411.1 or 411.2 shall be credited, and Accumulated Deferred Income Taxes, shall be debited, with amounts equal to any allocations of deferred taxes originating in prior periods or any current deferrals of taxes on income, as provided by the texts of Accounts 190, 281, 282, and 283.
Deferred Income Taxes The Company computes deferred income taxes in accordance with SSAP No. 101, Income Taxes.
Deferred Income Taxes The Company follows the asset and liability method of accounting for income taxes.
Income tax effects relating to the amounts recorded in this account shall be recorded in account 410.1, Provision for Deferred Income Taxes, Utility Op- erating Income, or account 411.1, Provi- sion for Deferred Income Taxes—Cred- it, Utility Operating Income, as appro- priate.
When the utility recognizes the loss in the year of reacquisition as a tax deduction, account 410.1, Provision for Deferred Income Taxes, Utility Op- erating Income, shall be debited and account 283, Accumulated Deferred In- come Taxes—Other, shall be credited with the amount of the related tax ef- fect, such amount to be allocated to the periods affected in accordance with the provisions of account 283.