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Brook Company has taken a position on its tax return to claim atax credit of $30 million (direct reduction in taxes payable) andhas determined that
Brook Company has taken a position on its tax return to claim atax credit of $30 million (direct reduction in taxes payable) andhas determined that its sustainability is â??more likely than notâ?b Probability Table (\\$ in millions) Amount of the tax benefit that management expects to receive Percentage likelihood that the tax benefit will be sustained at this level \\( \\$ 30 \\) \\( 10 \\% \\ 2 answers
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