Jan 2 (Reuters) - Brambles Ltd (BXB) said on Tuesday it estimates a $125 million to $155 million one-time benefit due to the passing of the Tax Cuts and Jobs Act in the United States.
The pallets and container company said in a statement the one-time non-cash benefit to its income tax expense as at Dec. 31, 2017, would be due to a lower deferred tax liability in the United States.
Brambles also said that, apart from the tax rate reduction, there were a "number of measures" that could affect the company negatively. It did not elaborate.
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Last
$25.44 |
Change
-0.280(1.09%) |
Mkt cap ! $34.75B | |||
| Open | High | Low | Value | Volume |
| $25.79 | $25.79 | $25.27 | $89.68M | 3.523M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16748 | $25.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.48 | 893 | 2 |
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| BXB (ASX) Chart |