Sentences with phrase «of deferred tax assets»

A valuation allowance is provided for the amount of deferred tax assets that, based on available evidence, are not expected to be realized.

The new tax law requires the firm to write down the value of its enormous cache of deferred tax assets, generated during that period of losses.

The write back of deferred tax assets and liabilities associated with the almond and poultry listing businesses was outside forecast.

Several of Canada's biggest lenders have indicated they expect to record a write down to reduce the value of deferred tax assets already held on company balance sheets as a result of tax changes under U.S. President Donald Trump, but expect a lift to earnings in the long term.

But in the important area of capital, this would be unlikely to hurt Citi, because international bank capital rules disqualify all but a small portion of the deferred tax asset for regulatory purposes.

Here is a table of deferred tax assets by OIS, for those having more than 10 % of surplus in DTAs.

Deferred Tax Assets Here is a table of deferred tax assets by OIS, for those having more than 10 % of surplus in DTAs.

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.

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...

Net profit attributable to SES shareholders of EUR 98.2 million (Q1 2017: EUR 128.4 million) included a positive tax contribution related to the recognition of a deferred tax asset following the entry into service of SES - 16 / GovSat - 1 which is not expected to repeat.

«The reversal of our deferred tax asset reserve this quarter is, as I noted before, really symbolic rather than a significant financial event.

* QTRLY NET INCOME AND FFO INCLUDED A $ 14.5 MILLION RE-VALUATION REDUCTION OF A DEFERRED TAX ASSET AS A RESULT OF TAX ACT

This gave rise to a $ US230 million write - down of the value of deferred tax assets in its North American Operations There was a further $ US700 million impairment charge on an increase in the long - term combined ratio assumption for North America.

The sale price also should give the bank an opportunity to tap into its $ 50 billion or so of deferred tax assets accumulated from losses during and after the crisis, and which can be used as long as U.S. - based businesses turn a profit.

The company took a charge of $ 873 million, or $ 0.82 per share, stemming from the provisions of the new tax laws, which included deemed repatriation tax on foreign earnings and revaluation of deferred tax assets and liabilities.

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.

While the new law is expected to be a long - term positive for most companies, several announced they would have to take one - time charges because the lower rate reduced the value of their deferred tax assets, which represent taxes already paid.

Several of Canada's lenders with U.S. exposure have indicated they expect to record a writedown in the first quarter to reduce the value of deferred tax assets, but are expecting a long - term, sustainable boost to their earnings from the tax cut.

The reform to the tax system signed into law by President Donald Trump on Dec. 22 will force the British lender to reduce the value of its deferred tax assets, prompting it to take a one - off charge in its results for the 12 months to the end of December.

The reform to the tax system signed into law by President Donald Trump on Dec. 22 will force the British lender to reduce the value of its deferred tax assets

As Stuart mentioned, we reversed $ 403 million of our deferred tax asset valuation allowance in the second quarter of 2012.

Citi took a $ 22 billion accounting hit and reported an $ 18.3 billion loss for the fourth quarter of 2017, reflecting a reduction in the value of deferred tax assets.

Oversimplifying, that means excluding unrealized gains in its bond portfolio and excluding the value of its deferred tax asset (because of historical losses, AIG won't be a cash taxpayer for years).

Are you going to be able to use all of your deferred tax assets?