and …. the amount of any intangible assets will create an additional deferred tax liability increasing the amount of goodwill as there is no tax basis in goodwill or intangible assets. The Company estimates that goodwill will increase by approximately $9.5 million for the tax effect of net assets acquired.
oh boy oh boy taxes shmaxes!
can’t wait to see the audited sign off on this wonderful legacy!
oh those poor broke innocent in dire need of vaseline $GOED ……