Should Goodwill Impairment Be Treated as a Tax-Deductible Expense?

Journal
Odar, M.; Pate, B.
Slovenia
European Taxation 2012 (Volume 52), No. 5
FormatPDF
USD
45

In this note, the authors discuss goodwill impairment associated with an acquisition. In particular, they examine whether or not such impairment should be treated as an expense for corporate income tax purposes, especially in situations where tax is deferred (i.e. tax neutrality is applied) in accordance with the Merger Directive (2009/133).