What does deferred tax mean?

The portion of tax expense that is not currently payable but will be settled in future periods.

Deferred Tax

StatementIncome Statement

SectionTax

CategoryLiquidity

SignalContext dependent

VolatilityModerate

A large deferred tax benefit may indicate future tax liabilities, while a large expense may suggest future tax savings.

This metric represents the portion of income tax expense that is deferred to future periods due to temporary differences...

Standard accounting line item found in the tax reconciliation section of the income statement for most public companies.

Metric ID: msft_deferred_income_tax_expense_benefit

What does deferred tax mean?: The portion of tax expense that is not currently payable but will be settled in future periods.