InvestorsHub Logo
Followers 42
Posts 2425
Boards Moderated 0
Alias Born 12/08/2006

Re: SevenTenEleven post# 110580

Sunday, 07/16/2017 5:08:56 PM

Sunday, July 16, 2017 5:08:56 PM

Post# of 221930
A lot of companies with tax losses are swallowed up by successful companies looking for tax relief. The acquirer gets a big tax loss that they can show on the annual tax return, thereby, reducing what they owe to Uncle Sammy.