IMM 2.50% 29.3¢ immutep limited

Hi nuts & orionwooI know its a bit off topic, had a read of ATO...

  1. 116 Posts.
    Hi nuts & orionwoo

    I know its a bit off topic, had a read of ATO ruling about the control test.

    Here is a dogye accountant point of view:
    1. The financial report we see is a consolidation report 2. PRR has several subsidiaries
    3. Tax loss could be carried forward under each subsidiary as single legal entity and get off-set in future years

    So, technically the loss can be carry forward even its a highly liquid public listed company
 
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