Dears,
current liabilities refers to all liabilities which it must be paid within short period (less than full year)
an example of those items . Accrued tax.
deferred Taxes is a kind of long term liabilities which become due after more than a year.
is it clear !
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Mohamed Aly
Chief Financial Officer
Jeddah
Saudi Arabia
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Original Message:
Sent: 04-25-2021 04:00 AM
From: Sushma Agarwal
Subject: Is deferred Taxes a current liability or long term liability?
Hi,
Could you please help me if we consider deferred taxes as current
liabilities in ratio analysis?
Thanks
Sushma