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The cost of the machinery is $100,000. The tax written down value of the machinery is $19,500 when it is sold for $30,000. The
The cost of the machinery is $100,000. The tax written down value of the machinery is $19,500 when it is sold for $30,000. The necessary tax adjustment in respect of the sale of the machinery is: ... ?
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Calculating the taxable profit Tax written down value 19500 Selling price ...
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Taxation Finance Act 2020
Authors: Alan Melville
26th Edition
1292360712, 978-1292360713
