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Wireless

Lenovo to book USD 400 mln charge on US corporate tax reform

Wednesday 10 January 2018 | 10:22 CET | News
Lenovo said it expects to take a charge of USD 400 million its fiscal third quarter to reflect the decreased value of deferred tax assets in the US following the corporate tax reform there. The one-off, non-cash charge will be included in results for the nine months to December 2017. 

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Categories: Mobile & Wireless
Companies: Lenovo
Countries: World
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