Solution-How would the change be reflected in income

How would the change be reflected in income

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1. Suppose a tax reform bill is enacted that causes the corporate tax rate to change from 34% to 36%. How would this affect an existing deferred tax liability? How would the change be reflected in income?

Reference no: EM131003804

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How would the change be reflected in income

Reference no: EM131003804

Reference no: EM131003804

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