If discounting were used in the area of deferred tax assets and liabilities (as this chapter advocates),

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If discounting were used in the area of deferred tax assets and liabilities (as this chapter advocates), would there be any particular difficulty relative to tax-loss carry-forwards?

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Accounting Theory Conceptual Issues in a Political and Economic Environment

ISBN: 978-1412991698

8th edition

Authors: Harry Wolk, James Dodd, John Rozycki

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Question Posted: Feb 12, 2016 06:28 AM

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If discounting were used in the area of deferred tax assets and liabilities (as this chapter advocates),

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The problem would be how to deal with the timing present valuing of when taxloss carr...View the full answer

Accounting Theory Conceptual Issues in a Political and Economic Environment

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