Originally Posted by
gchriste
You know every company in Australia does this right? Not sure it is something I would be bashing Q for. You make a tax loss you carry it forward.
Who's bashing Q? Look at what happened at Tesco. They made extra millions on the books, but after investigation the Directors,
allegedly, included expected profits for the following year into the current year accounts to make them look good. They are due in Court shortly.