Italian to English Bus/Financial Accounting

Could anyone help me? I am attempting to convey the meaning of this Italian sentence into British English.

[...]procederà ad operare notevoli svalutazioni di crediti, tali da superare le soglie di deducibilità previsti ai fini dell'imposizione sui redditi.

My attempt:

[...] shall continue to perform bad debt depreciations, thus exceeding allowance (or alternatively bad debt deduction) thresholds in terms of income tax (or alternatively for income tax purposes).

The text then goes on to say that consequently deferred tax assets shall be recorded on the balance sheets.

I would like to make sure the original statement has not been distorted in any way.
Any help would be greatly appreciated