This excerpt taken from the NDAQ 8-K filed May 2, 2008.
Calculation of Tax Related to the DIFX Investment
For tax purposes, we recorded a current income tax payable on the total intangible asset value of $117 million. In addition, we recorded a deferred tax asset related to the difference between the total intangible asset value of $117 million and the gain of $26 million recognized on the Nasdaq trade name contribution. The calculation of the tax related to the DIFX investment is shown below.
The current income tax payable was calculated as follows:
The deferred tax asset was calculated as follows:
Of the deferred tax asset of $36.0 million, $2.9 million was recorded as current deferred tax asset related to the current portion of the deferred revenue on the technology licenses.