The bank estimated a $ billion charge to fourth quarter earnings, much of it coming from taxes on overseas assets, a regulatory filing shows..Goldman Sachs Group Inc. will take a $ billion earnings charge related to the recent tax overhaul, a one time jolt expected to be followed by a longer term windfall which has nearly $ billion parked abroad, said last week that it expects to incur a tax expense of at least $ billion because of the new law..Goldman Sachs expects to take a $ billion charge to its fourth quarter earnings as a result of the tax bill President Trump signed into law last week, the bank said in a regulatory filing. It is a one time blow for Goldman. The benefits of the law s tax cuts including a reduction of the corporate income tax to .
Related posts to Goldman Sachs Sees $5 Billion Earnings Hit Ahead of New Tax Law
Goldman Sachs expects to take a $ billion charge to its fourth quarter earnings as a result of the tax bill that President Trump signed into law last week .
New York bank Goldman Sachs expects to take a $ billion hit to profits for the fourth quarter and year because of the tax overhaul signed into law last week.
Goldman Sachs Group Inc. stock price, stock quotes and financial overviews from MarketWatch..
Goldman Sachs was founded in New York in by Marcus Goldman. In , Goldman's son in law Samuel Sachs joined the firm. In , Goldman .