Grisolde holds a financial investment whose future disposal will generate a capital loss for tax; the related deductible difference is 300,000. Its tax law (case data) offsets such losses only against capital gains; probable future capital gains are estimated at 120,000, while its operating profits are more than sufficient. Tax rate: 25%. Compute the deferred tax asset on this difference and the uncovered part.
- Deductible difference of a capital nature
- 300,000
- Probable future taxable capital gains
- 120,000
- Tax rate (%)
- 25 %