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| Subject: Re: Future income tax benefit 69,566. analysis. | |
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Author: anonymous |
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Date Posted: 23:50:43 10/19/02 Sat In reply to: anonymous 's message, "Future income tax benefit 69,566. Audited period June 30 2001 to June 30 2002 reported 1/10/2002." on 16:33:30 10/19/02 Sat When analysisng company reports it is prcatice not to include the future income tax benefit--for the tax laws could change. ------------------------------------------------------------ However in reality that is unlikely to happen in such a substantive way to alter the above meaningfully (nevertheless it needs to be mentioned.) and so what this means is the Gropu can use that future income tax benefit--carry it forward and offset it against any profits made in the future. ------------------------------------------------------------ The simple rule is losses are carried forward. [ Next Thread | Previous Thread | Next Message | Previous Message ] |