Dont get it.... Help Please作者: RobertA 时间: 2011-7-11 19:49
Tax on 5000 Taxable income = 5000*.5=2500
Net DTA level as at 2004 = 1000
(This had been calculated at 35% tax).
So now you need to re-evaluate this at 50% tax
so tax adjustment = 1000 - 1000 / 0.35 * .5 = -428.57
Temporary Difference (total) in 2005 = 400 (which is a DTA)
Tax on DTA = 400 * .5 = 200
So total tax = Tax Expense - Change in DTA +Change in DTL= 2500 - (-428.57) - 200 = 2728.57
Since the total tax was calculated based on a DTA - DTL change = 0.
(I am not completely sure if I remember all this correctly, so pardon me if I am wrong).
CP作者: JPSem 时间: 2011-7-11 19:49
Thank You thats the right answer now I see it better....
why did you subtract 1000 from the DTL - DTA in year 2004..... 1000- 1000/.35 *.5
Edited 1 time(s). Last edit at Saturday, November 27, 2010 at 02:28PM by JCM.
