Los Impuestos diferidos en España: Un estudio empírico sobre empresas del sector inmobiliario durante el periodo 2008-201

Abstract

The target of this work has been the study of deferred taxes in the Spanish accounting system. Book – Tax differences have been deeply analyzed and studied by many authors and it is indeed an important area of research to discern about the consequences originated by that.
This paper studies the tax effect of deferred taxes and conducts an empirical analysis to determine what the incidence of the recognition of tax assets and liabilities on the information supplied to third parties. The sample for this empirical has focused on biggest companies belonging to real estate and construction during the period 2008-2011. 

Throughout the research, we have been able to test that the total amount of deferred tax assets recognized in the balance sheets have increased while on the other hand, the total volume of deferred tax liabilities recognized has varied lesser extent.
The findings determined that companies with low levels of liquidity and debts have a greater propensity to recognition of deferred tax assets. Similarly, it has been shown that low debt induces greater use of discretionary measures, which obviously affects directly on the quality of earnings.