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deferred liability |
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| ANM previously submitted recommendations on topics such as universal mail delivery, the postal monopoly, the deferred liability crisis, controlling costs, adjustments in service, competition with the private sector, and USPS governance and oversight. Deferred liability losses allowed a 10-year carryback period are amounts allowable as a deduction, other than those under Sec. Under Statement 96, a deferred tax asset can be recognized only for the tax benefit of net deductible amounts that can be realized by loss carryback from future years to reduce (1) a current deferred liability and (2) taxes paid in the current or prior years. |
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