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Re: Skan11 post# 28508

Wednesday, 05/30/2018 1:06:17 PM

Wednesday, May 30, 2018 1:06:17 PM

Post# of 72612
I find this whole tax thing kind of screwy. They are fighting over the valuation of the shares of the company. A simple solution would be to use the market cap as a valuation.

It seems strange that the "Tax Office" would now want to tax assets, if they had never done so before, simply because they are being shifted to a public, rather than a private company.

And, GIFA must also provide audited financials to FINRA, prior to any Corporate actions. That would include assets, as well as revenue numbers for the previous 2 years. Why aren't those numbers used to satisfy the questions of the "Tax Office"?

Something is not ringing true here.

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