MCR 0.00% $1.39 mincor resources nl

rough calcs and projections, page-10

  1. 208 Posts.
    Reason being it gets too complicated to account for it, as the tax rate changes according to stored tax credits. I like to make a comparison on earnings before tax, as you don't have to worry about this. The other thing is the tax that they pay gets added onto my profit/loss statement I lodge to the tax man, who taxes me at my peronal rate not company rate. Hence I find it simpler to work without tax, and pay it when I make the profit.
 
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