Assume that you are assigned to the audit of Carson Corporation. The CFO of Carson is unsure of the tax rate that should be used to calculate deferred taxes. Which section of the Professional Standards provides guidance on the tax rate that should be used to calculate deferred taxes?

Enter your response in the answer fields below. Guidance on correctly structuring your response appears below the answer fields.

Type the topic here.

Correctly formatted FASB ASC topics are 3 digits.

FASB_ASC

-

-

-

Some examples of correctly formatted FASB ASC responses are 205-10-05-1, 323-740-S25-1, 260-10-60-1A, 260-10-55-99, and 115-60-35-128A.