Under SFAS No. 109, the deferred tax balance is to be classified as current or non-current in the same manner as the assets and liabilities to which the deferred taxes relate.
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Q1: With the new form of equities approach,
Q2: Under comprehensive allocation, only those deferred credits
Q3: Income tax allocation may be used by
Q4: Income tax allocation is grounded in the
Q5: From an economic standpoint, it appears reasonable
Q7: Under partial allocation, income tax expense is
Q8: SFAS No. 96 switched from the revenue-expense
Q9: Consistency appears to dictate that neither tax
Q10: Timing differences are now referred to as
Q11: In partial tax allocation, resulting credits are
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