The increase in income taxes was due to the company recording deferred tax expenses
, to increase the deferred tax asset valuation allowance to fully offset its deferred tax asset balance, at 31 December 2013.
66 per diluted common share for the fourth quarter and full year respectively, included incremental net non-cash deferred tax expenses
2--Deferred tax's influence on the company's income during 2008-2010 Method of Curent tax Deferred tax Explanation (lei) (lei) Year 2008 Accounting result 307,29 307,297 Current tax expenses -47,943 47,943 Deferred tax expenses
0 3,200 Net result 259,354 256,154 Year 2009 Accounting result 1,937,195 1,937,195 Current tax expenses -260,744 -260,744 Deferred tax expenses
0 1,600 Net result 1,676,451 1,678,051 Year 2010 Accounting result 654,153 654,153 Current tax expenses -208,646 -208,646 Deferred tax expenses
0 1,600 Net result -445,507 -447,107
He also pointed out that during the tax exemption period, deferred tax accounting issues also arise and at times companies incorrectly do not account for the deferred tax expenses
during the tax holiday period.
As a result of the ruling Kinnevik's first quarter earnings will be charged with SEK89m in deferred tax expenses
25) The overstatements of pretax book income and the current and deferred tax expenses
are calculated using the originally filed and restated numbers gathered by hand.
The decrease is mainly due to a decrease in gains from the sale of available-for-sale securities and the recording of deferred tax expenses
caused by a decrease in deferred income tax assets as a result of recording taxable income.
3) We show in this paper that the value of the DTL is not equal to the present value of future deferred tax expenses
Since acquired assets do not generally depreciate or require replacement, and since they generate deferred tax expenses
that are unlikely to reverse, the Company adds back these non-cash expenses.
The improvement in net loss for the third quarter of 2011 is mainly attributed to the decrease in the Bank's deferred tax expenses
, while the provision to the allowance for loan losses totalled USD275,000, higher than the provision to the allowance for loan losses of USD195,000 in 2010.
Liquid Engines STx R5 includes a range of powerful enhancements to help tax departments more swiftly and precisely calculate current and deferred tax expenses
and liabilities, determine appropriate valuation allowances against deferred tax attributes, and compute a more accurate benefit amount under cumulative probability (i.
Apache recently reported fourth quarter earnings of 87 cents per share, absent the impact of non-cash deferred tax expenses
resulting from the erosion of the U.