As if I didn't hate them already enough, that's roughly the conclusion drawn by Christopher Petrella, a guest author of this blog, who analyzed CCA's recent announcement to convert into something called a Real Estate Investment Trust (REIT). In a far more intelligent manner than I could ever hope to achieve,
he captures the potential ramifications of this process for the company's tax liability and potential growth, so I really encourage you all to read it.
Hello,
ReplyDeleteThis is the perfect blog for anyone who wants to know about this topic. The income tax is determined by applying a tax rate, which may increase as income increases, to taxable income as defined. Thanks a lot....