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Re: tax loss value

By: Cactus Flower in ALEA | Recommend this post (0)
Sat, 01 Dec 12 4:07 PM | 51 view(s)
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Msg. 12026 of 54959
(This msg. is a reply to 12025 by DigSpace)

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i only have vague memories.

amongst these memories, i thought a company could use them under certain circumstances. eg operating in substantially the same business. but i'm well out of date and may be thinking about the wrong country.

it was a perverse thought that maybe wave's business is valueless and only ss's record of losing money has a value.


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The above is a reply to the following message:
Re: tax loss value
By: DigSpace
in ALEA
Sat, 01 Dec 12 3:42 PM
Msg. 12025 of 54959

tax loss carryovers, the exclusions, inclusions, restrictions etc are well beyond my pay grade.

I thought the code had pretty much been adjusted to eliminate the value of loss harvesting for tax purposes.


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