Deferred tax assets = deductible temporary differences * income tax rate.
It may seem that the number of deductible temporary differences can be used to recognize how many deferred tax assets are recognized.
You're naïve, you're innocent.
You don't get to the core meaning of the asset.
Assets are meant to bring economic benefits to the future flow.
Please engrave this phrase in your DNA.
Deferred tax assets are a type of assets, but they are special in that they do not directly bring economic benefits to the inflow, but give a right to tax deduction in the future, that is, they can pay less tax in the future.
Throttling is equal to open source in disguise, and less outflow is equal to more inflow in disguise.
But the problem is that the premise of tax deduction in the future is that there must be enough tax to pay in the future.
If not, it's a bubble.
For example, I Xu opened a consulting company, in order to open up the market, quickly occupy the minds of users, and then, accidentally strategically lost 4000w;
The scientific name of this 4000w in accounting is called "uncovered loss", which is a deductible temporary difference, and it stands to reason that 1000w (4000w * 25% = 1000w) of deferred tax assets should be recognized accordingly.
That is, in the future, I can pay 1000w less tax.
However, I woke up one day and suddenly found that although I gained a large number of users by strategic losses, these users were basically white prostitutes, and the willingness to pay was infinitely close to 0.
In financial language, it is good to maintain a breakeven in the future, that is, the estimated taxable income in the future is 0, and the estimated tax to be paid in the future is also 0.
Then, you tell me that I can deduct 1000w.
Meaning, the tax bureau is looking for me 1000w?
The premise that the Rolls-Royce 500 yuan voucher can be used is that you buy a Rolls-Royce.
The premise that deferred tax assets can be fully recognized is that there must be enough taxable income in the future period to take advantage of this deductible temporary difference, that is, my taxable income must reach at least 4000w and the income tax payable must reach at least 1000w in the future.
Lao Tie asked again, the company's business is changing rapidly, and it is likely that the performance of the first year soared, thinking that the second year was going to be ambitious, but as a result, a policy was down, and I suddenly looked back, only to find that the first year of debut was the peak.
You often make me ** so far in the future, where can I tm **?
If I have this ability, what else should I be an accountant?
I'm here to settle accounts, not fortune tellers!
The intimate CPA textbook tells us that as long as it is reviewed regularly, it is not a problem to be inaccurate.
At the end of each year, the book value of deferred tax assets should be reviewed, and the estimate of future profitability should be revised according to the actual situation of the year to see if the tax payable in the future can cover the deferred tax assets recognized now
If it cannot be covered, it is necessary to make a timely provision for impairment;
If it is found that it can be covered again, it is necessary to reverse the impairment in time.