Income Taxes WED bought jevco for $260 million in 2010 and have sold it for $530 million for a profit of $270 million.
At a 30 % tax rate, taxes payable will be about $80 million.
Some of this, perhaps $20 million, can be protected by the forward tax pools.
That still leaves a tax bill of over $50 million.
That leaves substantial uncertainty as to the actual payout which could be as low as
.69.