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Manuscript - Financing Modeling of Renewable Energy Projects

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Deferred Tax

D&T-DefTax

File: 2. Static Debt end

Sheet: D&T

Deferred tax liability (taxes to be paid in future)

Deferred Tax Assets & Liabilities arise from timing differences; typically from

differences in accounting versus tax approaches to items such as depreciation

2

D&T-TaxExp

50

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