Potential interest and penalties that would be assessed on a disallowed unrecognized tax benefit must be recorded in a company's income tax expense under ASC 740.
Election to treat as a deduction in computing net income before income taxes.

Question

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The Answer of Potential interest and penalties that would be assessed on a disallowed unrecognized tax benefit must be recorded in a company's income tax expense under ASC 740.
Election to treat as a deduction in computing net income before income taxes.

Potential Interest and Penalties That Would Be Assessed on a Disallowed