I forgot to mention that the company had tax losses of $32 million as at the 30th of June 2015 so all the profit last financial will not incur any tax liability and then the company will still have $20 million in losses still to carry forward .Assuming they make $20 million plus this financial year very little company tax will be payable on the profit.
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I forgot to mention that the company had tax losses of $32...
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