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clock Created with Sketch. 05/04/18
17:17
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Originally posted by Killa68
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I am with Nightmare on this one, the Accumulated tax losses at 31/12/17 (per bottom of Balance Sheet) is $1,943,061...... so 30% of that is $583m give or take a few bob.
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$1.9bn of equity losses - different to carry forward tax losses. The carry forward tax losses are calculated in tax return and signed off by the ATO - it is not something the “board makes up”
