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What is the challenge that big-box stores face while developing locations in Europe,Japan,and the United States?
Future Income Tax Rates
Future income tax rates refer to the expected rates at which earnings will be taxed in future periods, relevant for future tax planning and deferred tax calculations.
Deferred Tax Balances
Amounts recorded on the balance sheet to reflect the future tax impact of temporary differences between the accounting and tax treatment of transactions.
Deferred Tax Asset Valuation Allowance
A reserve established against a deferred tax asset when it is likely that some or all of the asset will not be utilized.
Valuation Allowance
An accounting provision made to offset a portion of the deferred tax assets if it's more likely than not that some portion or all of the asset may not be realized.
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