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Exact(9)
So it had losses it could use to offset the Odyssey profits coming onto its books.
And in five years it would grow to $3.4bn that it could use to offset its taxable profits.
Financiers say these projects used to be gold mines, generating credits that industrial companies could use to offset their emissions elsewhere.
Finally, opponents were outraged to learn that developers had quietly won state lawmakers' approval to set up a special taxing district that gives them the authority, to collect taxes they could use to offset the development costs.
One of the four Ernst & Young deals -- used by people who want to sell their businesses without paying taxes on the gain -- works this way: The business owner contributes his company to an S corporation owned with another business, perhaps a bank that has losses from its credit card operations that are greater than it otherwise could use to offset profits.
Moreover, many investors are sitting on big capital losses outside the CRUT that they could use to offset the gains from a CRUT termination.
Similar(46)
The partnership could then be sold for a nominal amount, generating a paper loss that could be used to offset income from other transactions.
Under the proposal, if the shares were trading above the offering price, they could be used to offset any short position the underwriter took when distributing the offering, but they could not be resold to the public unless the profits went to the issuing company.
With its capacity for producing large storable surpluses that could be used to offset bad years and with its facilities for production such as its weaveries the temple estates could absorb and utilize elements of the population, such as widows, waifs, captives, and others, who otherwise would have perished or become a menace to the community in one way or other.
Those losses could be used to offset any future taxable gains made by the company.
WJRJ's losses could be used to offset the taxes on the profits of Turner's billboard business.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com