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    silentflute's Avatar
    silentflute Posts: 1, Reputation: 1
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    #1

    Sep 16, 2014, 11:04 PM
    Deferred Tax Asset v Liability
    Would it be accurate to state that anytime you have a situation where you depreciation is greater than your capital allowance that will give rise to a deferred tax liability?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Sep 17, 2014, 06:32 AM
    No, you cannot say that in every case.
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