Sentences with phrase «large deferred tax assets»

Most public companies should benefit from the new tax law but some of the biggest losers will be companies with large deferred tax assets (DTAs).

Late last August, we wrote about the abnormally - large deferred tax asset (over $ 50 billion) on Citi's 2009 books that artificially boosted reported earnings and capital.

Not exact matches

The price of Scottish Re drifted down, until August 3, 2006, when they announced second quarter earnings, reporting a huge loss, writing off a large portion of their deferred tax assets, and the stock price dropped 75 % in one day.

They usually made their earnings, but often because their tax rate was so low... and the deferred tax assets were a large part of book value.

Generally speaking, the younger the MLP's assets are, the larger the amount of deferred taxes because non-cash depreciation charges are higher in earlier years, reducing taxable income without impacting cash distributions.

It does allow you to sell your current rentals and defer the taxes on profits into your new larger asset.