Once a deferred tax asset valuation allowance is established,it can be either increased or decreased in future years.

Name: Once a deferred tax asset valuation allowance is established,it can be either increased or decreased in future years.
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A deferred tax asset valuation allowance can be increased or decreased in future years based on changes in expected future taxable income or other factors affecting the realizability of the deferred tax asset.

Once a Deferred Tax Asset Valuation Allowance Is Established,it Can