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Loss Carryforward The Al Takamul Company have a profit of SR 7,000,000 as per 2017 tax return. It has an accumulated loss of SR 2,550,000
Loss Carryforward The Al Takamul Company have a profit of SR 7,000,000 as per 2017 tax return. It has an accumulated loss of SR 2,550,000 from the previous years 2015 and 2016. When calculating tax due, how much of the loss the company can deduct during 2017? If the Company have a profit of SR 8,050,000 as per 2018 tax return How much of the loss can be deducted in 2018
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