CIA Taxes Flashcards
1
Q
CIA Taxes - Formula for expected effet of discounting the asset for future income taxes
A
[Reported Reserve - .95min(Reported Reserve, Claims Liability)][Future Tax Rate][1 - PV Factor]
Exam 6C > CIA Taxes > Flashcards
CIA Taxes - Formula for expected effet of discounting the asset for future income taxes
[Reported Reserve - .95min(Reported Reserve, Claims Liability)][Future Tax Rate][1 - PV Factor]