Post by
soundandfury on Jun 25, 2023 6:25pm
CPG has a 10 billion tax pool
Correct me if i'm wrong but does that not mean that cpg could repay the 1.7 billion aquisition from its tax pool and still be left with a sizeable tax pool of over 3 billion $............apparently non capital losses are possibly not tranferable to the aquireer in case of a buyout.......if this is the case then these tax pools will need to be used up by cpg and not the aquirer if cpg was ever sold
Comment by
JohnnyDoe on Jun 26, 2023 6:48am
Well I'm not following your math but in any case a tax pool is an asset only insofar as it reduces a specific future liability. a tax pool can't be used to buy something. Tax pools are transferable to an acquirerz they're in fact quite attractive to acquirers.