APV

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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May 19, 2019 at 8:12 pm #516472
mjibola
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In APV, if we’re told that interest is not allowable for tax purposes, then obviously we don’t get annual tax shield benefits.

But we would only get 100% of the subsidy benefits, wouldn’t we?
May 20, 2019 at 6:37 am #516504
John Moffat
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If there was no tax then yes, you would get all the subsidy benefit. However, I can’t imagine there ever being a question where either there is no tax, or where there is tax but the interest is not tax allowable.
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