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Re: DewDiligence post# 628

Friday, 02/19/2010 1:18:46 PM

Friday, February 19, 2010 1:18:46 PM

Post# of 30493
Quiz answer: Mexico no longer allows a company to use losses from one subsidiary to offset profits from another subsidiary, and it has changed this rule retroactively, which caused CLB to record a charge in the latest quarter for back taxes payable to Mexico.


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