9 Comments
Aug 8, 2022Liked by The Rational Walk

Thank you for taking this out from behind the paywall.

Rule ASU 2016-01 seems an odd change, what was hoped to be achieved by this?

Also is the unrealised loss a deductible for corporate tax purposes?

Thank you.

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Aug 8, 2022Liked by The Rational Walk

Fine analysis, Ravi!

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Aug 7, 2022Liked by The Rational Walk

Thank you so much for the write up and for sharing it with everyone!!

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