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Re: Corp_Buyer post# 142123

Thursday, 01/26/2006 7:23:00 PM

Thursday, January 26, 2006 7:23:00 PM

Post# of 432690
Deferred tax asset recognition

This is done when the entity determines that it is probable that the tax asset will be utilized. With the LG contract the tax asset will absolutely be used up. While the accounting is not determined yet, there will be income that will use up the tax benefits we have carrying forward.
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