Monday, March 04, 2019 11:34:09 AM
... Yes I’m sure due to the fact that I have owned and managed my own business for many years, and yes’ once again it’s tax season ... yearly “operational losses” incurred are able to be utilized every year by all companies as a tax deduction ...
Regarding reorganized WMI ... Now COOP ... The confusion simply comes from the misunderstanding of this basic taxation concept ... as J Carreon explained to Judge Walrath, ... “once WMI’s Bank, ... WMB ... goes through it’s complete removal from the Original WMI Consolidated Taxation Group, as the FDIC -R completes the Change In Control, ... Those WMB Associated Tax Advantages Will No Longer Be Able To Be Utilized, by the reorganized company ...
But again, for the many that have never owned their own business, ... ? ... Yes every company for every taxable filing season, has net operational losses ... referred to as NOL’s ... including COOP ...
COOP, as the reorganized WMI’, which also registered as a “Consolidated Filer”, ... will lose those tax advantages applicable to WMB, once the Change In Control of WMB and it’s removal from the original Consolidated taxation group ... has been realized ...
These are my beliefs on this constantly misrepresented issue’ ... J Carreon from A&M was Correct ...
AZ
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