Help Save & Exit Brady's listing of deferred tax assets and liabilities includes the following for operations in the tax jurisdictions of Tambura and Nileboo Tambura: Deferred tax asset of $17 million Valuation allowance of $14 million Deferred tax liability of $26 million Nileboo: Deferred tax asset of $54 million Deferred tax liability of $15 million Brady files separate tax returns in Tambura and Nileboo. Brady's balance sheet would include the following disclosure of deferred tax assets and liabilities: