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Tax Ordinance Statement

 
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Tax Ordinance Statement
Arabian
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#1
06-19-2010, 09:10 PM
<font color="purple"><font size="3"><b>Sallam to all,

Can someone explain the meaning of this sentence,


"The company which is claiming the loss shall transfer cash to the loss surrendering company equal to the amount of tax payable on the profits to be setoff against the acquired loss."</b></font id="size3"></font id="purple">
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Tax Ordinance Statement - by Arabian - 06-19-2010, 09:10 PM
[No subject] - by A.A - 06-20-2010, 01:25 AM

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