Tax Loss
Posted: Tue Jul 05, 2016 5:48 pm
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. ?
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. ?