Tax loss carryforward and valuation allowance

Reference no: EM1363683

What are some examples of positive and negative evidence used to establish the need for a valuation allowance for a tax loss carryforward? What is the effect of the valuation allowance on the free cash flow forecast?

Reference no: EM1363683

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Tax loss carryforward and valuation allowance : What are some examples of positive and negative evidence used to establish the need for a valuation allowance for a tax loss carryforward? What is the effect of the valuation allowance on the free cash flow forecast?

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