Do, if in my tax schedule, if nol's increase, DTA's on my BS should go up, and if they decrease, DTA's should go down, correct?
the DTL's would change based on difference between cash/book tax, correct?
Trending Content - Investment Banking Forum
Career Resources
An increase in the NOL will increase the balance of the DTA. The DTA increase will be = tax rate X increase in NOL. This is gross DTA - if there is a valuation allowance taken against the NOL carryforward benefit then net DTA's may not increase
Ratione nobis dicta dolores quibusdam. Autem ipsa sit placeat rerum.
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...