GXY 0.00% $5.28 galaxy resources limited

Hi Dancing, Appreciate your accounting knowledge! How might this...

  1. 13,910 Posts.
    lightbulb Created with Sketch. 8475
    Hi Dancing,
    Appreciate your accounting knowledge!
    How might this affect our tax liability? Does the write down come off first, before tax liability is determined? ..or is it not, because it is a non-cash event..?
    Thanks
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.