| gen. |
резервы под выплату налогов (A tax provision typically refers the tax expense booked on a company's income statement. That is generally the tax liability associated with the net profit reported for the period. A tax reserve (i.e. deferred tax liability or deferred tax asset) generally refers to tax differences between the way various items are reported on the books for GAAP and tax purposes (i.e. differences in depreciation methods, etc.). Additionally, a company may book a tax reserve liability for an income item it knows in coming the near future. This is typically done when all the events have occurred to allow the company to book the corresponding income or asset. Read more:  justanswer.com Alexander Demidov) |
