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Saturday, 11/16/2019 10:56:57 AM

Saturday, November 16, 2019 10:56:57 AM

Post# of 130847
Vplm
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Deferred income taxes have been provided for temporary differences between financial statement and income tax reporting under the asset and liability method, using expected tax rates and laws that are expected to be in effect when the differences are expected to reverse. A valuation allowance is provided when realization is not considered more likely than not.
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