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Financial Modelling
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Topic starter
Hello Liam,
I think that the formula "IF(K321>0,-MAX(MIN(K321,K340),0),0)" for tax losses need an upgrade.
Indeed I don't think that this formula works well in the case we have positive taxable profit during the year and a negative opening tax losses.
I correct the formula in this way "IF(K321>0,-MAX(MIN(K321,ABS(K340)),0),0)".
Let me know your opinion about this.
Thanks in advance for you help
Stefano
Posted : 05/01/2020 2:03 pm
Topic starter
Sorry Liam don't waste your time.
Now I see I made an error with the the tax losses created during the period tha should have a minus.
Posted : 05/01/2020 2:23 pm
