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Business, 06.05.2020 20:01 miriamnelson7545

Recognizing a valuation allowance for a deferred tax asset requires that a company consider all positive and negative information in determining the need for a valuation allowance. consider only the positive information in determining the need for a valuation allowance. take an aggressive approach in its tax planning. pass a recognition threshold, after assuming that it will be audited by taxing Authorities.

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