OZL 0.00% $26.44 oz minerals limited

have i missed something?, page-2

  1. 5,227 Posts.
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    Dasa,

    In accounting, I do not think the accumulated losses move when a company is purchased, just the tax credits or liabilities. On slide 103, these losses are $771M. The tax effective amount is $231m (don't quite understand the difference - other than 231 is 30% of 771)

    So, no, I do not think others companies can realise the accumulated losses.

    I am happy to be corrected by a taxation accountant (which I am not)

    HT1

 
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