Cassava Sciences Deferred Taxes (Quarterly)

Deferred Taxes indicate the cash flow generated by taxes that are deferred to future periods due to differences between book income and taxable income. Deferred tax assets represent future gains that arise from temporary differences where the company reports higher expenses on its income statement than it does on its tax return. This results in lower taxable income and lower taxes in the current period but higher taxes in future periods. Deferred tax liabilities represent future tax obligatio...

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