Post by
DocPat on Mar 27, 2014 3:05pm
Tax Pools ..
Aside from the value of the proven non-producing value increase buy way of the price of natural gas nearly doubling since their acquisition of the asset, the tax pool that this company has after drilling the 0 million dollar hole in the ground are huge .. something around 20 million dollars I would guess. This means that a company can shelter 20 million dollars of income before being taxable. That is an additional asset that is significant to a company acquiring RPT.
This is assuming that Argentinian tax law is similar to Canadian tax law.
Do Your Own Due Dilligence
Doc
Comment by
TheRock07 on Mar 27, 2014 9:04pm
Forward tax loss pools are often ignored by investors. But, they are very valuable as each $1 will save $1 in taxes..