How do trade tariffs and restrictions impact the value of imported inventory? What are the considerations for valuing and writing down digital inventory or software licenses?

Inventories are reported at the lower of cost or market. Market = replacement cost, but market cannot be greater than net realiable value or less than net ... Jul 18, 2013 ... Microsoft announced a $900 million "inventory adjustment" charge for its Surface RTs, parts and accessories on July 18. That write-down completely overshadowed ... Mar 26, 2025 ... An inventory write-down is an accounting process that records the loss of an inventory's value. It captures the drop of the inventory's market value below its ... Off-site storage or warehousing. • Purchasing. • Handling, such as ... If you changed or extended your inventory method to LIFO and had to write up ... Jul 9, 2024 ... Key Takeaways · A write-down reduces the value of an asset for tax and accounting purposes, but the asset still retains some value. · A write- ... Mar 28, 2025 ... An inventory write-down, or inventory impairment, is a compulsory accounting procedure that a company can follow when its inventory value ... Jan 23, 2024 ... Here's how to write off inventory on your ecommerce business taxes along with some guidance on tax rules and helpful inventory strategies. Jan 30, 2011 ... an inventory write-down. If the market value of the inventory at the end of the year is lower than its cost, the taxpayer writes down the Dec 26, 2022 ... The Opportunistic Overproduction Hypothesis assumes that firms with REM incentives are less likely to report inventory write-downs. Our ... An inventory that can be used under the best accounting practice in a balance sheet showing the financial position of the taxpayer can, as a general ...