Standup
you stated:
"You can not use those tax losses unless it is significantly the same company undertaking the same activities. Damn hard if not impossible to "transfer" to any other income making activities.
The $21M tax loss has virtually no value."
What an absolute joke, maybe you should read THE REVENUE LAW JOURNAL REGARDING CORPORATE TAX LOSSES.
That post was rubbish downramp and completely incorrect.
fre - chinese shell play ?, page-5
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