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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 tax value of the machine BELOW. Information pertaining to manufacturing machine: Events Date Amount Sold R560 000 30 November 2021 1 June 2019 Puchased R230 000 Recoupment (before limited to capital allowances previously claimed) R514 000 a. R46 000 O b. R nil OCR184 000 Od. R284 000 Time left 2:37:25 Question 11 Not yet answered Marked out of 2.00 Flag question Registrer 29 36 Finish

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