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Re: ShortonCash post# 5488

Thursday, 03/31/2011 4:36:55 PM

Thursday, March 31, 2011 4:36:55 PM

Post# of 31338
Very interesting point indeed! If a very large company that had over $112 million in taxable profits bought KATG, they would then pay zero taxes, since they could use that $112 million loss as an offset. At a 35% tax rate, that's $40 million!

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