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Business, 24.07.2019 20:30 laurabwhiddon

Two years ago, aggre inc. recognized the tax benefit of an uncertain tax position. income tax expense in that year was reduced by $20,000 as a result. in addition, aggre recorded a $5,000 tax liability for unrecognized benefits for the same tax position. during the current year, the uncertainty is resolved and a benefit of $22,000 is upheld. by what amount is current‐year income tax expense affected by the resolution of the prior uncertainty?

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Two years ago, aggre inc. recognized the tax benefit of an uncertain tax position. income tax expens...

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