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Tax on saving on capital allowed is $113 on 1st yr; $84 2nd yr and $63, $47, ($107).
however, my understanding is for first yr tax saving on Working capital is $200 x 75% x 25%(tax rate)? $113 is the result from $200 x 75% x 75%;
Appreciate if anyone can clarify on that!
Many thanks in advance.
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