Accountancy, asked by malikprachi4813, 11 months ago

When a change in the tax rate is enacted into law its effect on existing deferred income tax accounts should be?

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Answered by Anonymous
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Hey Brainly user

Here is your answer

  • According to the act 2017 the rate of tax will be reduced to an extent
  • It gives us the same value through out all the the medium

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