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mjkiii

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mjkiii

Re: Lojiko post# 461

Thursday, 01/14/2010 3:27:53 PM

Thursday, January 14, 2010 3:27:53 PM

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Royalty is top line oriented at 4% of gross revenue. Income tax is different animal coming after EBITA wherein expenses, depreciation, wages, etc. come into play. National Assembly is in the middle of debating changing entire tax code and going with a Forbes like flat tax.
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