A2M 2.48% $7.02 the a2 milk company limited

A2M Income Tax, page-4

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    Reason is short term is because it's mainly due to losses made internationally (US mostly). This can last another 12-18 months depending on when they break even in US. As per the report:

    "NPAT reflects high effective tax rate due to international tax losses not tax effected, and non-deductibility of employee share scheme costs "
 
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