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Re: TTIME post# 10912

Thursday, 01/25/2018 9:28:02 AM

Thursday, January 25, 2018 9:28:02 AM

Post# of 14000
Correct, say your profit is 10 million dollars this year and the tax rate is 28% you just pocketed 2.8 million dollars.
I am using arbitrary profits and tax rates as an example.

Point is this company would have a great value as a write off if it passes the tax mans requirements.