DTA - unwind and unused capital allowance
Hi - have 2 specific questions regarding tax credits:
-
Looking at a company that made a chunk of earnings from the unwind of a deferred tax asset from intangibles. Shouldn’t an unwind be 0 net impact on earnings or what are the steps impacting the financial statements? Or has an expense been incurred before and hence the unwind leads to the positive earnings impact?
-
What is an DTA related to unused capital allowance? How is the DTA booked?
Thanks
Beatae rem et qui adipisci. Earum labore provident assumenda cumque voluptas ex cumque. Culpa aliquam sint cumque ab quos nesciunt omnis.
Impedit adipisci voluptate sequi cum cumque maxime molestias vero. Mollitia ut alias nam hic nesciunt. Exercitationem omnis natus dolor aspernatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...