/biz/ - Business & Finance

>>56632423
Your points have already been refuted retard, pic related.
>>56632668
I did warn you that there were better alternatives to invest in. Please reply to this message with "I regret not investing in dogshit".
>>56632725
Business continuity doesn't just mean selling the same shit retard. The entire reason that the rule was put into place was to stop people buying dead shell company's just for the tax breaks. The legacy business no longer exists, having none of the business assets (including stores, warehouses, website and brands), and having fired all of their staff. The fantasy of Cohen wanting the NOL's (ignoring that the debt is higher than their value anyway) doesn't stand because the rule prevents him from buying a company just for the tax breaks if he can't prove that he was interested in continuing the business and wanted to pay for the business assets.
>>56632775
>ChatGPT
>ISHYGDDT
Did you not actually read what the robot told you? Your screenshot clearly lays out that if selling business assets prevents the remaining company from carrying on with the legacy business, then it can stop them carrying forward the NOL's during restructuring.
>>56633134
You're welcome. I Hope I helped in some small way to make better investing decisions and outperform everyone else itt.

>>56621037

>>56606966
Saved