OTCPK:KATFF - Post by User
Comment by
Gws0623on Jun 20, 2018 12:24pm
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Post# 28199424
RE:RE:My rough estimates of earning and SP
RE:RE:My rough estimates of earning and SP
Note 26 from the Dec 2017 financials shows a US$4.5 Billion tax loss carry forward for the DRC. This wasn't part of the Gecamines settlement so I imagine it still applies. These losses can be applied against 70% of taxable income in any given tax year and should provide a nice tax shield for at least 3 or 4 years, even with a 50% super tax.
Sogo, what do you think?