Amach Limited purchased equipment at a cost of 650,000 during the year ended 31 December 2015. For
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Amach Limited purchased equipment at a cost of €650,000 during the year ended 31 December 2015. For tax purposes, the total amount of capital allowances claimed as at 31 December 2017 amounted to €200,000. Amach Limited expects to claim the remaining amounts in future periods.
Requirement What is the tax base of the equipment at 31 December 2017?
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Related Book For 
International Financial Accounting And Reporting
ISBN: 9781912350025
6th Edition
Authors: Ciaran Connolly
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