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Comment by foobarbazetc

3 years ago

That’s if you could have afforded to pay the tax on the $2,000,000 of phantom profit you had until this point, which no one can.

You don’t get that back unless you somehow fire everyone so you can offset income and expenses without more amortization.

1 comment

foobarbazetc

Reply

hgsgm  3 years ago

You can if you raise debt or equity to pay salaries.

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