Write-offs

RECENT NEWS
The Economic Times  53 min ago  Comment 
The company posted consolidated net loss of Rs 74.2 crore after writing off Rs 198 crore towards permanent reduction in value of its assets.
Financial Times  May 20  Comment 
Education budget could suffer unless write-offs reduced, warns new study
Financial Times  May 20  Comment 
Results cap a tough year for Indian group as it deals with huge write-offs and threat of UK strikes
WA Business News  May 18  Comment 
The federal government has adopted a Keynesian-style stimulus policy with its new temporary instant asset write-off, moving cash flows for small businesses forward and recouping the revenue in later budgets.
The Economist  May 14  Comment 
WHEN big companies announce write-offs, they tend not to do things by halves. Back in 2008 AIG, an insurance group rescued by the American government, reported an annual loss of $99 billion, with almost $62 billion of that occurring in a single...
The Australian  May 12  Comment 
Small businesses will get a 1.5 per cent company tax cut and a $20,000 instant asset write-off benefit.
New York Times  May 9  Comment 
Shops say they are being forced to pay crippling federal taxes because of a law aimed at preventing drug dealers from claiming smuggling costs and couriers as write-offs.
Reuters  May 6  Comment 
* Maintains medium-term earnings targets (Adds analyst forecasts, CEO comments)
Financial Times  Apr 17  Comment 
Write-offs and charges in full-year results to clear way for CEO Lewis to attempt group’s turnround




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