The U.S. tax rate's expected to be 35%, so the U.S. related deferred tax asset
will be $80,000 of NOL times 35% equals $28,000 of deferred tax assets.
That $28,000 represents the expected tax savings in the future
because what'll happen is the U.S. subsidiary will return a profitability.
The first $80,000 of profits in the U.S. will be offset by the NOL.
So we won't have to pay taxes on that 80,000,
which will save us $28,000 in taxes.
In Liechtenstein, the tax rate is expected to be 15%.
The Liechtenstein deferred tax asset then will be $150,000, which
is the amount of the NOL carryforwards times the 15% tax rate equals $22,500.
Again, the logic here is that the next $150,000 of
taxable income in Liechtenstein will be offset by these NOL carryforwards,
basically zeroed out, saving us $22,500 in taxes in the future.