When a company has deductible temporary differences and taxable temporary differences pertaining to the same tax jurisdiction, there is a presumption that realization of the relevant deferred tax assets is probable, since the relevant deferred tax liabilities should be available to offset these. However, before concluding that this is valid, it will be necessary to consider further the timing of the two sets of reversals. How? If the deductible temporary differences will reverse, say, in the very near term, and [...]