Provisional Adjustment to Deferred Tax Liabilities Following U.S. Tax Reform
First written in FY2018-Q3. 1 of 2 entries say "Achieved", first in FY2019-Q3. Latest entry: FY2019-Q3.
0 other companies' latest entry also says "Achieved".
- FY2019-Q3AchievedAnnual report
「After calculating the final impact, taking into account changes in certain assumptions and interpretations at Nomura from 1 April 2018 onward, Nomura's future actions, and additional guidance issued by the US tax authorities and other bodies, there were no material adjustments to the impact already reflected during the third quarter of the consolidated fiscal year.」
The final impact of the US tax reform on deferred tax liabilities was calculated, and the absence of any further material adjustment was disclosed. - FY2018-Q3First statedAnnual report
「As of 31 December 2017, reflecting the corporate tax rate applicable from 1 January 2018 to entities operating in the United States, Nomura reduced its net deferred tax liabilities by ¥2.8 billion, with deferred income tax expense reduced by the same amount.」
Following enactment on 22 December 2017 of the US Tax Cuts and Jobs Act, the decrease in deferred tax liabilities and tax expense reflecting the change in US corporate tax rates was disclosed in specific terms for the first time. The possibility of further adjustments was also described.