InvestorsHub Logo

jim992

10/24/18 1:40 AM

#3629 RE: bigfred1 #3627

Not CNBX's taxes. The company buying CNBX could write the cost of buying out CNBX off of their taxes.

Just like we as investors try to capture as much "loss" as we can at the end of the year so as to help with our taxes, large companies make major expenditures at the end of the year to help with theirs because the money spent reduces their taxes.

Take care, Jim