A future taxable amount means taxable income will be _ relative to pretax accounting income, whereas a future deductible amount means taxable income will be _ relative to accounting income.

The future taxable amount is the initial figure on which a specific type of tax is applied to calculate the value of the tax to be paid. The tax base is the “monetary or other magnitude that results from the measurement or valuation of the taxable event” and establishes its estimate according to three methodologies:

Direct estimation, used in a general way. It is calculated from the data available to the tax payer, for example, through the accounting books.
Objective estimation, established by law for specific cases. It is not fixed on real data, but rather uses ratios or quantities that allow an average to be made. For example: according to the number of workers.
Indirect estimate, for cases in which the Tax Agency does not have all the necessary data to establish the tax base.

A future taxable amount means taxable income will be _____ relative to pretax accounting income, whereas a future deductible amount means taxable income will be _____ relative to accounting income.

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A future taxable amount means taxable income will be _ relative to pretax accounting income, whereas a future deductible amount means taxable income will be _ relative to accounting income.