2015: Is the cash flow from annual increase in deferred taxes sustainable?
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JONATHAN BRANDT: For a variety of reasons, bonus depreciation on fixed assets investments in the noninsurance businesses perhaps being the most important, Berkshire’s cash taxes have been meaningfully lower than reported taxes for the last several years.
2015: Is the cash flow from annual increase in deferred taxes sustainable?
2015: Is the cash flow from annual increase…
2015: Is the cash flow from annual increase in deferred taxes sustainable?
JONATHAN BRANDT: For a variety of reasons, bonus depreciation on fixed assets investments in the noninsurance businesses perhaps being the most important, Berkshire’s cash taxes have been meaningfully lower than reported taxes for the last several years.