Corporations are stealing tens of billions from America through an easy mega fraud. The fraud is obvious; loss “transaction” is impossible. Corporations cannot incur a loss of over ten years and still have “unutilized” loss. It is common sense that a corporation cannot make a transaction that is multiples of its net worth, yet that is what they are reporting to the IRS & the SEC! I.E is Raymond James Finl Corp ’s(RJ) 11 yr, through 2018, “unutilized” “tax asset” from “a” loss “transaction” that they incurred in 2008 but carrying forward to 2018+. 08-10K RJ filed a $14.9 Billion fraud Creditor Claim & accounted for it as a loss against earnings. They used $1 Billion of the $6 Billion fraud benefit to buy Morgan to gain further tax free earnings, yet RJ was just a $2 Billion company.
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