InvestorsHub Logo

overachiever

08/22/07 12:00 AM

#2033 RE: stockasaurus rex #2032

I wonder if anyone has informed the state of Texas and the IRS that they should get a windfall in taxes this year from PNMS?

PNMS should end up owing the IRS a substantial federal tax bill since they have claimed they made so much money lol

And they should owe the state of Texas a nice little franchise tax fee as well

http://info.sos.state.tx.us/pls/pub/readtac$ext.TacPage?sl=R&app=9&p_dir=&p_rloc=&p_....

http://info.sos.state.tx.us/pls/pub/readtac$ext.TacPage?sl=R&app=9&p_dir=&p_rloc=&p_....

Check the links for how PNMS should qualify as doing business in Texas and how it effects their tax liability.