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Question for uni-assignment. What makes the expenditure a subsidy/non-subsidy? Question below An oil company has an expenditure of 10 million now which gives a tax

Question for uni-assignment. What makes the expenditure a subsidy/non-subsidy? Question below

An oil company has an expenditure of 10 million now which gives a tax deduction of 15 million in 6 years. Is this a subsidy? Suppose that the Ministry of Finance believes the correct discount rate is 4%, while the oil companies say 10% is correct. Could this explain why they disagree?

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