标题: corp finance: if before tax cash flow is negative [打印本页] 作者: meghanjackson 时间: 2011-7-11 20:10 标题: corp finance: if before tax cash flow is negative
when calculate a NPV for a project, if for certain year, the before tax cash flow is negative(when take into account of depreciation), will tax be zero or not? Thanks.作者: jacksparrow 时间: 2011-7-11 20:10
if the question mentions the company has other positive value projects, you can calculate the the tax savings this negative value project generates. So taxes are essentially a positive cash flow.
