CUV 1.19% $14.98 clinuvel pharmaceuticals limited

Ann: CUV Appendix 4D Half Year Report, page-18

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    There is a $4m tax charge for the 6 months and a $21m income tax liability. CUV has not paid income tax over the period. It seems to be accumulating on the balance sheet. Why? Why is it not payable? When it is payable the $21m paid will reduce cash to $154m.
 
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