medium · Private Equity & LBOs

A company has 200M in Goodwill and 50M in finite-lived intangibles with a 12.5M DTL.

If the Goodwill is impaired by 50M, what is the impact on the DTL?

  1. The DTL is written off entirely as a matter of conservatism.
  2. The DTL is increased because the impairment increases the basis mismatch.
  3. The DTL is reduced by 25% of the impairment amount ($12.5M).
  4. There is no impact on the DTL because Goodwill is not associated with the DTL calculation.

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