NO.PZ2024030503000214
问题如下：
Question Under US GAAP, the recognition of a valuation allowance for deferred tax assets impacts:选项：
A.the effective tax rate only. B.the statutory tax rate only. C.both the effective tax rate and statutory tax rate.解释：
Solution-
Correct because, under US GAAP, a valuation allowance for deferred tax assets increases the effective tax rate when recognized (because it increases income tax expense). Under US GAAP, deferred tax assets are reduced by creating a valuation allowance. Establishing a valuation allowance reduces the deferred tax asset and income in the period in which the allowance is established. Also, Reported effective tax rate = Income tax expense / Pretax income (Accounting profit).
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Incorrect because, under US GAAP, the recognition of a valuation allowance for deferred tax assets impacts the effective tax rate only.
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Incorrect because, under US GAAP, the recognition of a valuation allowance for deferred tax assets impacts the effective tax rate only.
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valuation allowance 是DTA的抵减，比如本来DTA=2，这期valuation allowance=1，那么新的DTA=2-1=1,ΔDTA=1-2=-1,income tax expense的计算公式里是-ΔDTA的，所以就变成+1，那么income tax expense增加，有效税率分子增加，分母是EBT，不受影响，所以整体有效税率增加。
