Monster Beverage updates on tax changes

|About: Monster Beverage Corporation (MNST)|By:, SA News Editor

Monster Beverage (NASDAQ:MNST) estimates the value of its net deferred tax assets will be reduced by approximately $55M as a result of the new tax law.

The beverage company says the amount will be recorded in Q4 earnings.

Monster estimates its future effective tax rate beginning this quarter will be in the mid-twenties rate.

SEC Form 8-K

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