A statement in an exam kit question was:-Tax payments made at the end of the period.
Would this be in arrears?
Thanks :)
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NPV
5y ago#1No, they are not in arrears.
If they were in arrears then the tax would be paid after the end of the period (usually, in exams, one year after the end of the period i.e. one year in arrears).
I explain this in my free lectures on investment appraisal with tax.
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