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Cash taxes: Difference between revisions

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{{dated prod|concern = Little more than a [[WP:DICTDEF]] with a bit of [[WP:HOWTO]] thrown in for good measure; also completely not needed - "cash taxes"=taxes paid in cash, who would have imagined?|month = May|day = 16|year = 2009|time = 21:30|timestamp = 20090516213019}}
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{{Unreferenced|date=September 2007}}{{Orphan|date=July 2006}}{{Notability|date=December 2008}}
'''Cash taxes''' refer to the amount paid in a period towards [[tax]] obligations. To arrive at this figure, change in deferred tax for the period is to be adjusted to the total tax amount.  
'''Cash taxes''' refer to the amount paid in a period towards [[tax]] obligations. To arrive at this figure, change in deferred tax for the period is to be adjusted to the total tax amount.  


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[[Category:Taxation]]
[[Category:Taxation]]
{{tax-stub}}

Latest revision as of 19:53, 5 August 2009

Cash taxes refer to the amount paid in a period towards tax obligations. To arrive at this figure, change in deferred tax for the period is to be adjusted to the total tax amount.

The reason behind is deferred tax expensed for a period is an amortization but not the actual cash out flow. Cash taxes can be derived as below.

Cash taxes = Total taxes incurred - Deferred tax amortized during the period.