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Nice explanation starbuck! Thanks

I scored well enough on the EOC and qbank questions for taxes.

It was initially a struggle but after two thorough readings of the elan guides and watching their video (a two hour marathon) I am pretty comfortable with it.

Hopefully there won't be too many questions on taxes on the exam. Its a financial analysis exam, not an accountancy exam!

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Are we supposed to also know about deferred tax expense and deferred tax benefits? I do not think I saw these terms in the CFA books.

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if its not in the LOS then no, but it might help you understand it better

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