Agoracom: Small Cap Investment - Connacher Oil and Gas - Re: 2009 Annual Report

Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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BKM8572

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Re: 2009 Annual Report - Tax Pools

in response to

2009 Annual Report - Tax Pools

Road_Warrior

posted on Mar 19, 2010 08:52AM

Unfortunately, tax credits are only beneficial if one has taxable income requiring shelter.

Thus it is nice to have credits only if one has taxes payable to which the credits may be applied. One can also go bankrupt with credits never having been realized!