TITLE

Awaiting Harvest

AUTHOR(S)
Terris, Harry
PUB. DATE
November 2012
SOURCE
American Banker Magazine;Nov2012, Vol. 122 Issue 11, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article looks into the valuation metrics for banks using deferred tax assets (DTAs) to reflect the value of losses and reduce future tax bills in the U.S. It explains how bank DTAs are used to determine banking activities and bridge the gap between book-keeping practices and tax bill assessments by authorities. It also discusses the accounting rules for companies to include valuation allowances against DTAs in their annual reports.
ACCESSION #
83002131

 

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