The assumptions are as follows: Company A records an uncertain tax liability of ($50) million as

Question:

The assumptions are as follows:
• Company A records an uncertain tax liability of $$50$ million as of the reporting date.
• Company A expects to settle the amount in the fourth quarter of the following year for $$30-$70$ million.
What disclosure is required for the possible changes in the unrecognized tax benefits within the next 12 months (FASB ASC 740-10-50-15d)?

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