According to the tax legislation, the tax, which is defined as the unrequited share received by the State from real and legal persons according to their ability to pay, in order to meet public expenditures, is evaluated as the relevant period expense according to the TMS/TFRS principles. Assets and resources in the basic financial statements of the enterprises are included with their book values and commercial profits are calculated by taking these values into account. The taxable financial profit is formed from the commercial profit and the resulting permanent/ temporary differences are evaluated within the framework of the periodicity principle of accounting. In terms of TMS/TFRS, “Deferred Tax Asset/Liability”, which is an extremely important issue for businesses operating in the construction and real estate sector, as in other businesses, realizes the relationship between financial profit and commercial profit. In this context, the main purpose of the analysis is to provide academic explanatory information about “Deferred Taxes” for businesses operating in the construction and real estate sector and especially for users of financial statements related to the sector.