Question
New Tesla car purchased on 1 October 2022 and 70% for visiting clients and 30% for private use with an estimated life of 5 years
New Tesla car purchased on 1 October 2022 and 70% for visiting clients and 30% for private use with an estimated life of 5 years $68,000
Assume that Joe elected to claim the decline in value deduction based on the diminishing value method and Joe sold the New Tesla car for $70,000 on 30 June 2023, how will this affect its assessable income?
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Auditing And Financial Management Marine Corps Logistics System Could Be Drastically Reduced By Greater Reliance On Integrated Managers LCD 74-434
Authors: U. S. Government Accountability Office
1st Edition
1287198090, 978-1287198093
