Re: SPX Joint Venture revenue share

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Poethouse

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Re: SPX Joint Venture revenue share

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Re: SPX Joint Venture revenue share

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posted on Dec 01, 2023 04:38PM

All correct except the dividend part and tax part. The share of income from a JV is a distribution. Its a subtle but important difference. The tax part of an international JV is tricky, but usually in the US the JV is a pass through. The distribution goes directly to the income line on the P&L.

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