They ask for the deferred tax liability at the end of 2010 and they give the 2009 data. I calculated the deferred tax liability for both years because I thought it was cumulative. Is this not the case?
Take another look at this:
The asset was 2000 million, depreciated at SLM for accounting purposes at 10% and DDM for tax purposes.
Now the first year depreciation difference causes difference of 300 (100 accounting and 400 tax) … Thus DTL = 300*30% = 90
Second year depreciating causes difference of 220 (100 accounting and 320 tax) … Thus DTL = 220*25% = 55$ (for second year)
At the end of second year, cumulative DTL =
75 (90 revalued downwards due to new tax rate) + 55 = 130$
发表于 2013-4-2 12:11
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