RE:RE:PLI Run Way - Good Until January 15thPersonal:
The bulk of the deferred tax liability pertains to the acquisition of NantPro a few years back. The tax basis of the net assets was less than the amount of net assets ascribed to the transaction for accounting purposes, hence a deferred tax liabiity. A quick look a the income tax note 25 in the 2016 financials indicates non capital tax losses of $342 million. Should be a while before we pay tax but I would quite happily pay tax when the time comes!
Coyote13