Understanding Tax Reserves and the Situations in Which They Arise

Tax Notes
07.06.09
Mike Lloyd and Garrett Fenton discuss the distinctions between the standards for reserving for income-based versus nonincome-based tax liabilities, particularly with respect to the recognition thresholds under FAS 5 and FIN 48, which can lead to dramatically varying results.
Related Files
TaxNotes.07.06.09
Related Links