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Up3
@maboi_1da‌ Yes, as far as I know. If corporate tax rate is lowered, DTL will experience an immediate, one-time adjustment, a decrease to the balance sheet and increase in earnings in the income statement. DTA will experience the opposite.
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Up3
The adjustment happens immediately, so only current year.
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Up1
do the effect occur on the current year? or do I have to make adjustment to previous years
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