Forums›ACCA Forums›FM Investment Appraisal questionACCA ForumsFMFM Investment Appraisal questionFormer user6y ago[Content removed at user request]John MoffatTutor6y ago#1Because the tax is payable 1 year in arrears and therefore the tax needs discounting for 1 extra year.Sign into reply to this topic.
John MoffatTutor6y ago#1Because the tax is payable 1 year in arrears and therefore the tax needs discounting for 1 extra year.
