GREY:GDPEF - Post by User
Comment by
damianchosenoneon Jul 27, 2019 11:52am
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Post# 29967037
RE:RE:RE:Lockdown's broker and tax credits
RE:RE:RE:Lockdown's broker and tax creditsBeen told that the 25 million tax credits are only worth 17 percent to a company as that is corporate tax rate. Is that true? I thought if a company made 140 million profit and their tax rate was 17 percent that they would owe 23.8 million in taxes and then be able to use those 25 million. Big difference. Which is the case? If its 25 full million, companies should be all over this.