The article discusses the acquisition of goodwill impairment for determining the economic benefits as a tax-reducing expense. It offers information related to use of tax-reducing expense for corporate income tax purposes if the tax neutrality is applied in accordance with the merger directive. It ...
Its accounting treatment poses several complex questions. However, given that impairment losses in goodwill are based on forecasts of diminishing future benefits, the Portuguese tax authorities tried to restrict the deduction of such accounting charges, given its nature of estimates. This paper ...
The article discusses tax considerations in goodwill impairment testing in the U.S. In step one of the goodwill impairment testing, the reporting unit's (RU) fair value is compared to its book value. In step two, the fair value of the RU is allocated to its liabilities and asset. The...
As the impairment loss relates to the gross goodwill of the subsidiary, so it will reduce the NCI in the subsidiary’s profit for the year by $40 (20% x $200). Observation In passing, you may wish to note an apparent anomaly with regards to the accounting treatmen...
Its accounting treatment poses several complex questions. However, given that impairment losses in goodwill are based on forecasts of diminishing future benefits, the Portuguese tax authorities tried to restrict the deduction of such accounting charges, given its nature of estimates. This paper ...
GOODWILL IMPAIRMENT TEST DISCLOSURES UNDER IAS 36: COMPLIANCE AND DISCLOSURE QUALITY, DISCLOSURE DETERMINANTS, AND THE ROLE OF ENFORCEMENT The key objective of our research paper consists of consulting the set of explicative factors relative to book-tax differences within the French context es... M...
in which goodwill amortization is tax deductible, recognizing a goodwill impairment may cause a change in deferred taxes. To avoid a never-ending cycle of impairment, the ASU provides a “simultaneous equation,” which essentially grosses up the impairment charge to reflect the deferred tax ...
The accounting treatment of goodwill involves its initial recognition, non-amortization, impairment testing, and appropriate disclosure. This treatment ensures that goodwill is accurately reflected on the balance sheet and that any impairments or reversals are promptly recognized in...
Prior to SFAS 142, goodwill was subject to periodic amortization and a recoverability-based impairment test. SFAS 142 eliminates periodic amortization and ... KK Li,RG Sloan - 《Review of Accounting Studies》 被引量: 43发表: 2017年 Goodwill Hunting Gone Bad: Tax Law's Outmoded Treatment of...
c) Describe the criteria for the initial recognition and measurement of intangible assets. d) Describe the subsequent accounting treatment, including the principle of impairment tests in relation to goodwill. e) Indicate why the value ...