sir, if I may ask, who and how identify the market value of an asset for the tax purposes in practice? just curious
Ask the Tutor ACCA TX-UK
market value of an asset
Depends what it is - if a property get estate agents to value if an antique then a relevant professional etc. - you of course need not worry as it will be given to you other than where we have a rule to learn such as with quoted securities!
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