Question
SAMI Ltd. was incorporated on January 1, 2021. The incorporation costs were $4,500. SAMI then purchased WELL co. The assets of WELL Co. included $80000
SAMI Ltd. was incorporated on January 1, 2021. The incorporation costs were $4,500. SAMI then purchased WELL co. The assets of WELL Co. included $80000 of equipment, goodwill of $50,000 and a customer list valued at $30,000. SAMI's year-end is December 31. The company maximizes it's allowable deductions. How much is SAMI's Class 14.1 UCC at the end of 2021?
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Handbook Of Heavy Tailed Distributions In Finance
Authors: S.T Rachev
1st Edition
0444508961, 9780444508966
