GREY:SOGAF - Post by User
Comment by
dr_airtimeon Apr 04, 2013 6:54am
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Post# 21208947
RE: RE: RE: RE: RE: Albanian Tax Code - Deferred i
RE: RE: RE: RE: RE: Albanian Tax Code - Deferred i Thanks. Your comment does not correlate to my posts which are simply demonstrating that the deferred income tax expense is most likely due to a depreciation rate for tax that is higher than used for IFRS accounting purposes so the non-cash deferred income tax expense is a signal that the current cash taxes cannot continue indefinitely as the tax shield will disappear in the future. It is pretty complex and not nearly as important as Stream increasing production - a story which all investors can understand