If you go titsup, then all the companies that you owe $ to cannot cary that loss forward year on year.
Very interesting imagine evading tax on $20billion as a 'writedown' whilst also charging 'interest' on the capital amount lent that may realise in 2025.
So thats how the credit crunch will get worse
If you go titsup, then all the companies that you owe $ to cannot cary that loss forward year on year.
Very interesting imagine evading tax on $20billion as a 'writedown' whilst also charging 'interest' on the capital amount lent that may realise in 2025.
They are all as guilty as each other.