Describe the Changes in Enacted Tax Laws or Rates.
Chapter16: Tax Research
Section: Chapter Questions
Problem 30DQ
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Describe the Changes in Enacted Tax Laws or Rates.
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Step 1
The enacted tax rates are used. to calculate income tax amounts. Enacted or substantively enacted rates are used to calculate income tax amounts. Arate is considered substantively enacted when only perfunctory actions are required for a measure to become law. Uncertain tax positions.
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