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06/09/24
14:12
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Originally posted by WoodySpoon:
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As the interest on our bank covers the minimal salaries it doesn’t concern me even a bit. Endless delay on the other hand…does. I can wait till the meeting and find what the tax implications are, and how we can minimise them. We should all fully expect ALL the tax advice to be completed by then. How we can owe any taxes despite losing $200 million+ in a business is beyond me… No point it a 249 it failed before it’ll fail again and likely put resolution back another few months. Honestly don’t recall but didn’t fooca’s group mob get a new director appointed?
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"How we can owe any taxes despite losing $200 million+ in a business is beyond me…" because of the demerger, and its cost basis.