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Old 08-19-2005, 03:14 PM   #601
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Quote:
Originally Posted by TasManOfGod
You cannot set up a Pty Ltd company without directors and profit distribution
If you're asserting that every such company actually makes a profit, produce some documentation, please.
 
Old 08-19-2005, 03:16 PM   #602
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Quote:
Originally Posted by chrysalis
What dangers exist by not doing this?
It is a rule of our taxation department as far as I know
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Old 08-19-2005, 03:16 PM   #603
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Quote:
Originally Posted by TasManOfGod
Perhaps you might like to equest a copy of their profit and loss statement
I don't know what value I would find in obtaining CF's P&L but if it's important to you why don't you ask for it?
You are able to do that now, right? You're ban is expired, correct?
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Old 08-19-2005, 03:17 PM   #604
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Quote:
Originally Posted by TransverseWave
If you're asserting that every such company actually makes a profit, produce some documentation, please.
I have not asserted anything of the sort
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Old 08-19-2005, 03:19 PM   #605
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Quote:
Originally Posted by TasManOfGod
I have not asserted anything of the sort
Then how would they distribute non existent profits?
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Old 08-19-2005, 03:21 PM   #606
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Originally Posted by chrysalis
I don't know what value I would find in obtaining CF's P&L but if it's important to you why don't you ask for it?
You are able to do that now, right? You're ban is expired, correct?
My ban finishes tomorrow (Sunday here) A day of rest
Anyhow I was not the one concerned about the profit issue
An I rather think that I would not be welcomed back anyway (Just a hunch)
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Old 08-19-2005, 03:22 PM   #607
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All right.

I got curious enough to pull Loh Enterprise's ASIC registration.

No, I'm not going to post it anywhere, nor am I going to reveal the private information in it. But the company is in good standing and Dr Loh is the sole owner.

Let's cut out the speculative bullshit, shall we? It is unbecoming and untrue.
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Old 08-19-2005, 03:23 PM   #608
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Originally Posted by chrysalis
Then how would they distribute non existent profits?
Are you sure they are non existent?
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Old 08-19-2005, 03:27 PM   #609
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Originally Posted by rigorist
All right.

I got curious enough to pull Loh Enterprise's ASIC registration.

No, I'm not going to post it anywhere, nor am I going to reveal the private information in it. But the company is in good standing and Dr Loh is the sole owner.

Let's cut out the speculative bullshit, shall we? It is unbecoming and untrue.
What was the "speculative bullshit" you referred to?
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Old 08-19-2005, 03:32 PM   #610
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Originally Posted by TasManOfGod
I have not asserted anything of the sort
Then stop this.

I doubt that Erwin is making a profit. I see nothing immoral or hypocritical in his making a profit from his own website, if he has managed to do so. I see no productive end to be gained from this line of discussion.
 
 

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