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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 2022

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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 2022 year of assessment. Calculate the base cost on the disposal for capital gains tax purposes for the machine BELOW. Information pertaining to manufacturing machine: Events Date Amount R Sold 30 November 2021 Puchased 1 June 2019 Tax value at date of sale a. R63 000 O b. R45.000 OC. R81 000 O d. R54 000 45 000 135 000 54 000 Question 4 Not yet answered Marked out of 3.00 PFlag question Fir

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