Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Canada Taxes

Why are people starting to ignore the future tax liability and future tax assets on the balance sheet analysis


For example..some people say the future tax liabiltiy is not reversing and therefore should be ignored when analyzing? why?

From a cash flow point of view, one should never ignore deferred taxes. I try to find out the timing of the taxes due. If it's due soon, make sure the company has enough cash to cover it, because a tax lien will be in front of all other liens.
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