Credit card write off........

Discussion in 'Credit Talk' started by mav2112, Aug 1, 2001.

  1. mav2112

    mav2112 Member

    When a credit card company writes off a debt due to bankruptcy do they write the entire amount off of their tax liability???
     
  2. GEORGE

    GEORGE Well-Known Member

    I ASSUME they write the entire amount off on the P & L STATEMENT.
     

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