Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The company TRANSRAPIDO LTDA, whose corporate purpose is to provide Personnel Transportation Service, and in January 2021 acquired a Technological Platform (Software), from Ingeniamos SA,

The company TRANSRAPIDO LTDA, whose corporate purpose is to provide Personnel Transportation Service, and in January 2021 acquired a Technological Platform (Software), from Ingeniamos SA, located in the city of MedellĂ­n. This platform is designed for the development of its corporate purpose, which in the opinion of the Administration seeks Future benefits, which is why the expense was amortized by the Straight Line method over 5 years, whose acquisition price is $100,000,000. Additionally, $5,000,000 were recognized for training and $10,000,000 for License, on January 1, 2021. Determine the deduction for Investments for the year 2021.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To determine the deduction for investments for the year 2021 we need to calculate t... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Document Format ( 2 attachments)

PDF file Icon
663de9a70963d_961122.pdf

180 KBs PDF File

Word file Icon
663de9a70963d_961122.docx

120 KBs Word File

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Employment Law for Human Resource Practice

Authors: David J. Walsh

4th edition

1111972192, 978-1133710820, 1133710824, 978-1111972196

More Books

Students also viewed these Finance questions