Replies to post #41928 on Cdex, Inc. (fka CDEX)

[Crow3]

Since they have sold nothing really but lies and hot air, it should be all taxable. At 100%. But book-keeping being what it is, they have shown a loss every year. ERGO, have paid no corporate income tax.

Credits can be used only to offset taxable profits. No taxable profits no offset.

None paid, none refunded.

EIC and other programs passed by congress and signed by Reagan and other FLAMING Liberal Presidents (LOL!!) does not apply to corporations. CDEX gets no refunds.