Penn West Energy Trust: Q2 2007 Update [View article]
Davy, "Even though they booked the tax charge now (C326m) management estimates they have enough NOL to offset the tax until 2014." Could you explain the accounting behind taking a non cash charge now for a tax due in 2011 that you allready have NOL to offset? Carloz678
-
Davy,
Aug 15 04:06 am
|Rating:
0
0
All Comments by carloz678 »Penn West Energy Trust: Q2 2007 Update [View article]
"Even though they booked the tax charge now (C326m) management estimates they have enough NOL to offset the tax until 2014."
Could you explain the accounting behind taking a non cash charge now for a tax due in 2011 that you allready have NOL to offset?
Carloz678