Comment on Capitol Report: These companies will take a huge profit hit from lower tax rates

Capitol Report: These companies will take a huge profit hit from lower tax rates

If a federal tax reform bill is signed into law, a reduction in the corporate tax rate — from 35% to as low as 20% — will force some companies to take a big writedown due to the forced remeasurement they’ll have to do of the deferred tax assets on their balance sheets.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News