you cannot write off any company for tax loss purposes, if that...

you cannot write off any company for tax loss purposes, if that is what you mean, until the receivers/liquidators/administrators issue a Tax Declaration stating that in their view there is likely to be no return to shareholders.... I've been involved with such a situation twice in my investment life, both for very small companies.....


the last one took 12 years before that Tax Declaration was issued...... good luck with ABS, it'll take a lifetime.....