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Deferred Tax Liability

An amount owed in future tax payments arising from temporary differences between book income (per GAAP) and taxable income (per IRS rules), commonly created by accelerated depreciation methods. 

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Dormant Company Accounts

Simplified annual accounts UK companies must file with Companies House when they have had no significant financial transactions.

Dividend Allowance

The tax-free amount of dividend income UK taxpayers can receive each tax year before dividend tax applies.

DBA (Doing Business As)

A US registration allowing a business to operate under a name different from its legal entity name.