Unformatted text preview: liabilitycarryforw ard p eriod , w ou ld not have $ imp act on the Company's consolid ated net income
w hich have an ind efinite
as any incom e tax benefit w ould be offset by a charge to minority interest in the income statement. The valu ation allow ance p rincip ally relates to a $328 m illion d eferred tax asset for the minority interest share of
As losses at 3, 2009, the Comp ultim ate nd istribu ted the m inority interest share of of net op erating losses,
op eratingof October Euro Disney. The any had uu tilization ofearnings of foreign subsid iaries theap proximately $124
m illion, for an ind eferred taxes have not been , rovid ed . The Company intend to Com p any's earnings for net
w hich havew hich definite carryforw ard p eriod p w ould not have an im pact ons thereinvest theseconsolid ated the incom e
foreseeable fu tu re. If these w ou ld be ere d by a charge to United States, in in form of divid end s or otherw ise, the
as any income tax benefit amou nts woffset istribu ted to theminority interest the the incom e statem ent.
Com p any w ould be su bject to ad d itional U.S. income taxes. Determination of the am ou nt of u nrecogni...
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- Spring '12
- Balance Sheet, Deferred tax, Generally Accepted Accounting Principles, Income tax in the United States