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Maroc Maroc - ESSENTIAL-BUSINESS.PT - A La Une - 23/Sep 11:11

TAP with €490 million in tax credits to bolster profits

Portuguese airline TAP has around €490 in past losses that are tax deductible, an amount that adds value to the company and will benefit the eventual shareholder when the carrier is privatised. TAP’s financial report for the first half of 2024 lists €487.1 million for deferred taxes for the end of June, €39.7 million more […]

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