Some common carry-forward
items that create deferred tax assets that are sometimes missed are: net operating loss carry-forwards
; capital loss carry-forwards
; and alternative minimum tax credits.
Based on Belgian accounting law, "equity capital" includes capital, share premiums, revaluation gains, reserves, carry-forward
of profits or losses and capital investment subsidies.
ACCOUNTANTS Kilsby & Williams are urging people with personal pension schemes to make the most of carry-forward
pension relief before it disappears on January 31, 2002.
The software then calls up the schedules and forms in a sequence designed to be sure carry-forward
information between schedules is properly handled.
The Company periodically evaluates the value of tax-loss carry-forward
credits on its financial statements as required by Generally Accepted Accounting Principles.
NORDIC BUSINESS REPORT-20 December 2004-Swedish tax board approves SEK605m tax loss carry-forward
for NCC(C)1994-2004 M2 COMMUNICATIONS LTD http://www.
On the other hand, 274 days remain after the change date; therefore, 274/366 of the loss, or $599, will be attributable to the postchange period and will be eligible for carry-forward
without application of the Sec.
The possible future capitalisation and application of the tax value of the loss carry-forward
will therefore have a positive effect on the company's earnings and cash flow," Trelleborg said.
The low tax provision for the 2005 period was the result of a tax loss carry-forward
which was fully utilized during the fourth quarter.
Income Tax net operating loss carry-forward
for the Company.
The low tax provision for the 2005 period had been reduced by a tax loss carry-forward
, which was fully utilized during the fourth quarter.
The Company also reported that its tax loss carry-forward
will enable the Company to retain substantially all of the cash proceeds from the transaction.