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Under the Model Business Corporation Act, a shareholder may ask a court to dissolve a corporation when:
Interfirm Comparisons
The analysis and comparison of financial and operational data from different companies within the same industry, used to benchmark performance and practices.
Deferred Tax Assets
Financial items on a company's balance sheet that can be used to reduce future tax liability.
Deferred Tax Liabilities
Future tax liabilities arising from temporary differences between the book value and the tax basis of assets and liabilities.
Book Income Tax Expense
The amount of income tax expense that is reported in the financial statements, which may differ from actual taxes paid due to timing or differences in accounting and tax rules.
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