Sentences with phrase «deferred tax assets due»

Net profit included a writedown of 2.865 billion Swiss francs in the fourth quarter of deferred tax assets due to the introduction a new tax cuts and the jobs act in the United States.

Not exact matches

The No. 1 U.S. mortgage financing company swung back from a net loss of $ 6.53 billion in the fourth quarter due to a $ 9.9 billion writedown of its deferred tax assets tied to the sweeping federal tax...

Due to the history of losses the Company has generated in the past, the Company believed as of December 31, 2014 that it is more likely than not that its deferred tax assets would not be realized.

The reaction to the US Tax Cuts and Jobs Act announced in December was pretty much universally positive among bank CEOs reporting results in January, but the effects varied a lot — mostly due to the fact that levels of historic deferred tax assets (DTAs) are far from equTax Cuts and Jobs Act announced in December was pretty much universally positive among bank CEOs reporting results in January, but the effects varied a lot — mostly due to the fact that levels of historic deferred tax assets (DTAs) are far from equtax assets (DTAs) are far from equal.

In any case, for the Roth IRA conversion to result in the most tax - deferred assets, any taxes due on the amount converted should be paid from a separate taxable account and not the IRA itself.

Scenario II: Deferred tax assets (with expiration dates of up to 20 years) of $ 36 M have not been recognised in respect of US losses, due to uncertainty regarding their utilisation.