Do firms measure deferred tax accounts at the statutory tax rate expected to be in effect at

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Do firms measure deferred tax accounts at the statutory tax rate expected to be in effect at the future reversal date to properly value the deferred tax asset and deferred tax liability? Explain.
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Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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