El impuesto diferido como indicador de persistencia de resultados en las empresas cotizadas españolas

Abstract

The deferred tax method for income tax accounting recognition has been analized from different perspectives. The literature links it with quality and characteristics of results, the market use of this or the consideration as a manipulation indicator. The purpose of this paper is to examine if “book-tax differences” are usuful for predicting future results, in Spanish companies for 2007-2015. The equation considers the results of t+1 period as dependent of t period results and added the deferred tax as an independent variable. The sample was used completely and divided between observations with positives and negatives results. The temporary differences were classified too. The results show that temporary differences are an important indicator of the persistence of results in Spanish listed companies with positive results for the periods reviewed. The results are even more decisive if only the positive temporary differences are considered.