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Re: hotmeat post# 499207

Friday, 12/08/2017 7:12:33 AM

Friday, December 08, 2017 7:12:33 AM

Post# of 726643
The tax refunds received to date and...

...the amounts still pending resolution.

...@ 20% to the WMILT for federal purposes (there are and have been other state tax matters).

...have been significant, the amount receivable is significant (if successful).

...and when "grossed up" for the 80% JPM portion, massive.

...a simple reference to the recent QSR and last 10K are explanatory.

http://www.wmitrust.com/wmitrust/document/8817600171031000000000001

http://www.wmitrust.com/wmitrust/document/8817600170419000000000001

...as such, the assertion in RED does not appear to be accurate.

...that's what A&M has been 'working on probably ~ as per their actual engagement letters?




hotmeat Friday, 12/08/17 12:23:26 AM
Re: None
Post #
499207
of 499210 Go
It has been claimed in the past, that a major portion of the LT's recovery for our markers will come from Tax-Returns filed with the IRS........

The Debtors filed for and received almost $6 BILLION in Tax Returns from the IRS in about 2-3 years starting in September,2008.

It has been over 5 1/2 years since the LT has been functional and to date, they have been unable to secure a single Return from the IRS since.



...simply note the amounts collected from taxes fully disclosed in the actual filings by the Liquidating Trust.






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