At 31 December 2017, Isteach Limited had an accrued expense of 100,000 included in current liabilities. The

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At 31 December 2017, Isteach Limited had an accrued expense of €100,000 included in current liabilities. The expense is eligible for deduction for tax purposes on a cash basis.

Requirement What is the tax base of the accrued expense at 31 December 2017?

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