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Coloniel Ltd has a machine which originally cost $249144 and has been depreciated by 35% to date. The accumulated depreciation for tax purposes is 62%
Coloniel Ltd has a machine which originally cost $249144 and has been depreciated by 35% to date. The accumulated depreciation for tax purposes is 62% and the company tax rate is 30%. The tax base of this asset is
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Accounting Information Systems
Authors: Pat Wheeler, Ulric J Gelinas, Richard B Dull
9th Edition
0538469315, 9780538469319
