Replies to post #428579 on Amarin Corp Plc (AMRN)

[irishpaddy]

Ruin
Try harder
So any company buying Amarin buy it to make profits from it... so the losses within can be used against future profits according to Irish Tax Law and not only that but corporate tax rates in Ireland are one of the lowest worldwide...it doesn't matter who tbe owners are or where they are based...at present most institutions holders are US based so in a BO its just a change of name on a share certificate.
Stop soft playing

[Johnniegalan]

JROON……you need to find out whether Amarin files a U.S. tax return (form 1120)…since most of Amarin’s operating activity is U.S. source income/loss (certainly during the period the huge losses occurred), the amount of the taxable loss (not “book” loss) Amarin is claiming will be disclosed on that form and will be subject to the U.S. Tax Code….