Here's an excerpt from one British Airways, Plc. (BA) notes to its financial statements:

Here's an excerpt from one British Airways, Plc. (BA) notes to its financial statements:Taxation (in part)Deferred income tax assets are recognised only to the extent that it is probable that taxable profit will be available against which the deductible temporary differences, carried forward tax credits or tax losses can be utilised.Is this policy consistent with U.S. GAAP? Explain.