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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Past Paper Questions Mar-June 2018
Hi Mr. John,
Q 2: Tippletine Co
Would like to know why tax shield, subsidy benefit and loss of tax relief are calculated on net and not gross subsidized loan amount.
Your guidance would be a great help.
Because the question says that the issue costs have been paid out of available cash reserves (and so not by borrowing more than is needed).
Thanks for your guidance Mr. John.
You are welcome 🙂