Freeport-McMoRan (FCX)

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Happy New Years Guys.

We discovered lots last year, and still ended up with questions. This year we will focus on the question if goods and service tax trumps over equity debt. We know now that goods and service tax is based on revenue and not profits. We know but have not discussed corporate profit tax that equity debt maybe or maybe not trumps over.

Do dividend payouts comes after or before goods and services plus profit tax’s. Profit taxs “ corporate tax” can not be held back after a sale of a company, should there be a profit.

It has been said that treasury stock is the repurchase of equity by the company. Is this statement true or false. If equity debt trumps sales and service tax debt then is the statement true.

If equity is used to purchase sales and service tax debt collected from generated revenue could the statement be true.

Is bank debt as well sales and service tax collected from revenue both noted as capital surplus or is only can be capital surplus. Can all three debts, equity, bank and goods and service tax be regarded as capital surplus.

Do all four debts require collateral maybe just three or possibly all four debts.

We have a busy year ahead of us regardless of the seven years already spent. It’s s slow but progressive process that may now requires us to find a very good tax accountant to join the team. Please forward any candidates names that would love to share there expertise with us.

May the New Year Bring good food, sleep, health, happiness and profits to all this year. Of course profits are and is everyone’s last concern.