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Tax Loss

Posted: Tue Jul 05, 2016 5:48 pm
by Spac3y
Hi David,

I currently have a tax loss of $180,834,633,897.

Thats a big number ! After 75 years my company is currently generating $1,754,084,361 a year profit. Not sure how such a sizeable tax loss can be run up given my balance sheet but it kind of rules out the notion of paying tax on anything for a long long time. And Im not quite convinced my tax loss still isnt increasing over x amount of time. ?

Re: Tax Loss

Posted: Tue Jul 05, 2016 5:52 pm
by Spac3y
Yep, so after only two more months of runing, its up to $182.564,361,410.

Something isnt quite working on that. My balance sheet is only 32,641,640,210 so even taking stock increases / reductions into consideration, my tax loss just seems quite a way off.