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
Animi ut blanditiis earum nesciunt optio numquam. Hic et sed expedita sit nihil. Vel sit autem quo quia qui ex nulla. Nihil dignissimos quidem molestias inventore.
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...