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AGLP |
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The recorded tax expense of $315,123 for the year ended
December 31, 2005 represents primarily income taxes and large
corporation tax payable on the net income and taxable capital primarily
allocated to Ag Growth through its ownership in AGLP after deductions
for interest expense, financing fees and capital taxes. The recorded tax expense of $89,000 and $160,000 for the
three and six-month periods ended June 30, 2005 represents income taxes
and large corporation tax payable on the net income and taxable capital
primarily allocated to Ag Growth through its ownership in AGLP after
deductions for interest expense, financing fees and capital taxes. The recorded tax expense of $71,000 for the three-months
ended March 31, 2005 represents taxes payable on the net income
primarily allocated to Ag Growth through its ownership in AGLP after
deductions for interest expense and capital taxes. |
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