Deferred Taxes definition

Deferred Taxes means, with respect to any Person at any date, the amount of deferred taxes of such Person as shown on the balance sheet of such Person prepared in accordance with GAAP as of such date.

Deferred Taxes means, as of a given date, the amount of Deferred Tax Assets, less the amount of Deferred Tax Liabilities.

Deferred Taxes means the income tax liability or benefit associated with the contributed Transmission Assets that are reflected on the FERC Books of Account (with respect to any Member with an OATT) or regulatory books of account (with respect to all other Members) of the Member contributing such Transmission Assets, as adjusted to the Operations Date or date of contribution of the Transmission Assets, if other than the Operations Date, that has been deferred as a result of the difference for regulatory accounting and tax purposes between depreciation or other plant-related items and reflects the historic tax rates in effect at the time that the difference arose.

Examples of Deferred Taxes in a sentence

• Deferred Taxes reflect the impact of timing differences between taxable income and accounting income originating during the current year and reversal of timing differences for the earlier years.

• During 2009, the peso appreciation with respect to the US Dollar generated a positive impact of US$87.5 million coming from the decrease of liabilities attributable to Deferred Taxes.

• Deferred Taxes are not recognised for those timing differences which reverse in tax holiday period.

• PECO Transition Bond Principal Paydown + Gain on Sale, Extraordinary Items and Other Non-Cash Items (3) + Change in Deferred Taxes + Depreciation, amortization (including nucl fuel amortization), AFUDC/Cap.

• The most relevant applications of the exercise on estimates judgments and usage occur in: Fair value of Financial Instruments, Impairment of Financial Assets, Impairment of Non-Financial Assets, Income Taxes, Deferred Taxes and Provisions and Contingent Liabilities.

More Definitions of Deferred Taxes

Deferred Taxes means an amount due that has been added to the tax roll of a property pursuant to sections 244 and 361 of The Cities Act, the collection of which has been deferred pursuant to The Cities Act and the deferral program;

Deferred Taxes shall have the meaning given under GAAP.

Deferred Taxes means deferred Tax assets or deferred Tax liabilities computed under GAAP in accordance with Statement of Financial Accounting Standards No. 109.

Deferred Taxes means any Tax liability of the Company and its Subsidiaries that is not fully paid as of the Closing arising under Section 965 of the Code (and any corresponding provision of State and local Tax law).

Deferred Taxes means an amount due that has been added to the tax roll of a property pursuant to section 281.3 of The Cities Act, the collection of which has been deferred pursuant to the Program;

Deferred Taxes means, as to any Person, as at any date of determination, accrued or assessed taxes that would be due and payable in the year accrued or assessed, but for a statutory or regulatory provision providing or allowing for payment at a later date, determined in accordance with GAAP.

Deferred Taxes means any (a) Taxes attributable to the Pre-Closing Tax Period that have been deferred to the Closing Date or any date thereafter (whether or not such Taxes are due and payable as of the Closing Date) pursuant to the CARES Act or the Presidential Memorandum, and (b) deferred Taxes attributable to an election under Section 965(h) of the Code, each irrespective of whether or not such deferral is elective.