Deferred income tax liabilities are amounts owed to the government.

Name: Deferred income tax liabilities are amounts owed to the government.
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Deferred income tax liabilities represent taxes that are recognized in the financial statements but are deferred to be paid in future periods, typically due to timing differences between tax reporting and financial accounting. They are not amounts currently owed to the government.

Deferred Income Tax Liabilities Are Amounts Owed to the Government