QBE qbe insurance group limited

US corporate tax changes

  1. 87 Posts.
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    Hi all,

    According to the 2017 HY report QBE has a North America Deferred tax asset (DTA) of $573M. I have attached the relevant paragraph below. My interpretation is that a change from 35% to 21% would equate to roughly a $250M USD write down. Is this correct to assume?

    Look forward to feedback
    Cheers, WS

    upload_2017-12-27_11-28-20.png
 
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