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8,739 Posts.
2622
15/04/21
20:53
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A loss is not a deduction, it's like a tax offset which has a 1:1 value in Australia.
If I earn $100 and have a loss carried forward of $100 I earnt $0.
If I had $100 and had to pay tax of 30% because I didn't have an loss to offset that 30% then thats different.
Adding the $ value together whilst not a typical way of looking at things makes sense when the company is profitable.
What do you see?
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