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clock Created with Sketch. 07/03/23
11:24
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Originally posted by Helyi:
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Yes. Because otherwise it would be a charitable donation and should be tax deductible.
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The beauty of the participation in the capital raise is that the raise is funding a listed oncology business that is very careful with its cash to directly undertake trials, and the losses if one incurs them are tax deductible (against other capital gains).
(20min delay)