OT: Big One Time Tax Charges from Corp.'s

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  • February 1, 2018 at 3:58 pm #1705896
    Bourne
    Participant

    This is off topic, but with earnings reports coming out I keep seeing these big one time tax charges due to the new tax legislation. What are these tax charges related to exactly? Why are the big public corp.’s taking these hits?

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  • February 1, 2018 at 8:23 pm #1706016
    GAPilot715
    Participant

    Writedown of deffered tax assets.

    February 2, 2018 at 7:16 am #1706115
    Bourne
    Participant

    Thanks, that's what I figured but I couldn't find it anywhere.

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