LNC 0.00% 99.5¢ linc energy ltd

linc is a good bye, page-44

  1. 2,851 Posts.
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    Re Tax,
    Linc will still have to pay tax on the Chinese deal but I agree they might be able to offset this against other losses.
    What that means is they will have to pay more tax in future if they ever make a profit.
    Bigmac's claim that they could avoid paying ANY tax on the sale by issuing shares at a highly inflated price was incorrect, that was my point.
 
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