Valuation Prospective of Merger Accounting of Deferred Tax

Valuation of Deferred Tax Assets from a Net Operating Loss Carryover

Valuation of tax expense

Both intuition and empirical evidence suggest that higher revenues increase value whereas higher expenses, including higher tax expense, decrease value. Some prior research, however, suggests that higher tax expense may be good news, despite the resulting reduction in after-tax earnings. We conduct a comprehensive investigation and find that surprises in both the current and deferred components...

Estimates of Tax-deferred Retirement Savings Behavior***

private retirement savings programs reThis study examines the tax-favored results in the largest single category of tax tirement savings behavior of non-self-emexpenditures in the budget, both before ployed households. Our estimates suggest and after TRA 86. Previously, the U.S. that perceptions of the household's marTreasury (1986) had estimated 59.2 bilginal tax rate are of limited importance...

Tax-Deferred Risk Management Accounts for Farmers

Income tax incentives directly affect the economic feasibility of proposals for taxdeferred risk management accounts. Data indicate that despite clear financial advantages from tax deferment and reduced income variability, income targeting may preclude many farmers from contributing enough money for accounts to be effective.

Alex Edwards of University of Washington will present “ Does the Deferred Tax Asset Valuation Allowance Signal Firm Creditworthiness ?

Recent years have seen a dramatic decline in the creditworthiness of firms and increasing concern regarding the reliability of credit estimates provided by rating agencies. In this paper, I find evidence that a particular account, the valuation allowance for deferred tax assets, helps predict the future creditworthiness of a firm. Under the provisions of SFAS No. 109, a firm records a deferred ...