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longfellow95

06/21/20 3:16 AM

#290767 RE: Poor Man - #290740

Yes, well it's quite plausible that they have been hit with a tax bill from Germany, whether it be in respect of past earnings from patient treatment, or indeed something else.

But then the question would be; why don't they just get on and pay it, and be done with it?

They would surely do that if the amount was relatively small.
By that I mean under about $40k. Once you get above about $50k, then you might be in the realms of disputed liability, a process which could drag on for yonks.

But is the tax issue actually the substantive reason for the non-appearance of the 10-Q?
That remains to be seen...


Taxation of foreign companies in Germany:-

https://www.lawyersgermany.com/taxation-of-foreign-companies-in-germany