Sentences with phrase «tax assets»

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.

These companies initially recorded their deferred tax assets at the older, higher rate, so the tax cut made those assets less valuable.

It will absorb a $ 35 million net loss, after writing down deferred tax assets associated with the business.

They're sitting on $ 7 mm in deferred tax assets which are not shown on the balance sheet because they're all reduced by an equivalent valuation allowance.

An experienced family lawyer can identify tax assets and ensure that they are considered in equitable distribution.

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

The company said that approximately $ 19 billion of the charge is related to recalculating the value of tax assets as a result of the new corporate tax cuts.

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.

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

In what ways might communities more equitably tax assets for the public good (e.g., through a land value tax)?

The recognition of a one - time deferred tax asset relating to SES - 16 / GovSat - 1, which entered into service in March 2018, was the principal reason for the positive income tax contribution of EUR 10.1 million (Q1 2017: EUR 27.7 million expense), as well as the increase in non-controlling interests to EUR 14.8 million (Q1 2017: EUR 0.9 million).

First - quarter results, however, will be impacted by one - time writedowns as the banks reduce the value net deferred tax assets already held on company balance sheets.

I could be wrong about this because tax accounting is different from GAAP accounting, but I also don't see any deferred tax assets on the balance sheet.

Spouses need to be cautious that they are not overlooking tax assets in divorce proceedings where marital or community property will be divided.

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

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 mortgage agency rebounded from results in the fourth quarter, when it recorded a $ 5.4 billion writedown of its net deferred tax assets stemming...

The bank posted a 983 million franc loss for 2017 following a U.S. tax asset writedown.

Canadian businesses, especially in the financial services sector, are having to revise deferred tax assets now worth less under a reduced U.S. corporate tax rate

I am rolling forward a prepaid tax asset of 11,945.

Under the asset and liability method, deferred income tax assets and liabilities are determined based on the differences between the financial reporting and tax bases of assets and liabilities and are measured using the currently enacted tax rates and laws.

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.

With these low amounts of leverage, the bank was able to increase earnings 54 % over the course of 2012 (excluding a deferred - tax asset recognition in 2011).

Taxpayers will receive the same net benefit, but SOF spending growth appears lower.3 Other substantial changes include shifts in workers from payrolls in the general fund to those paid by capital funds, reclassifying the Sales Tax Asset Receivable Corporation (STARC) funds from a miscellaneous receipt to an offset against spending, and shifting expenses off - budget as shown in Table 3.

(Note: deferred tax assets only have value if you are going to have pretax income in the future.

And if you need to keep some of your investments in non-registered accounts, it's wise to make these the most lightly taxed asset classes (usually Canadian stocks).

Therefore, it is unclear whether any tax benefits would be immediately usable by Pride for the tax year in which the benefit ultimately relates, or even during the carryback or carryforward period allowed under U.S. tax law, but the fact that Pride does not record a valuation allowance against its existing U.S. deferred tax assets suggests that Pride expects future profitability to allow it to use its tax benefits at some point.

Although there are tax issues with the CEO and directors» stock compensation, and various tax assets and liabilities, these issues seem dwarfed by Mexican tax disputes.

Adjusting your effective after - tax asset allocation can change your results of what an optimal asset location strategy looks like.

Having both pre-tax and after - tax assets saved for retirement can be beneficial when it's time to make withdrawals.

Because retirement plan assets are typically the most highly taxed assets when you pass on, they are the ideal choice for charitable gifts, designating other assets to your heirs.

LLC — about how tax assets would be used in the power giant's proposed spinoff of its major operating unit as the company kicked off the first half of its second attempt to exit bankruptcy.

There are various plans wherein tax assets can claim benefits for the amount invested in Tax saving plans.

** Secure Income is available for both pre-tax and after - tax assets with a $ 5,000 minimum investment.

The discount to book is significant, and I regard the DAC and tax assets as valuable; they should be included in tangible book.

BMO has said it expects to reduce its deferred tax assets by US$ 400, while RBC has said it is expecting a roughly $ 150 million charge.

Any such limitations on the ability to use our net operating loss carryforwards and other tax assets could adversely impact our business, financial condition and operating results.

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.

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