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Assume the following taxpayer information: The taxpayer is a South African manufacturing company (not a small business corporation as defined) with a 31 March 2023

image text in transcribed Assume the following taxpayer information: The taxpayer is a South African manufacturing company (not a small business corporation as defined) with a 31 March 2023 year of assessment. Calculate the base cost on the disposal for capital gains tax purposes for the machine BELOW. a. R205 000 b. R320 000 c. R480 000 d. R755000

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