Comment by dadoprso
6 months ago
I thought you could carry forward losses or something. i.e. Once profitable you can use your previous losses as 'tax credits'.
6 months ago
I thought you could carry forward losses or something. i.e. Once profitable you can use your previous losses as 'tax credits'.
So you're essentially giving the government a 0% interest 5 year loan, in the amount of the pre-paid taxes
Yes, but businesses operate on cash, not tax credits.
If you make it that far.