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Regarding Okan Co (Sep/Dec 19)

This topic has 3 replies, 2 voices, and was last updated 1 month ago by John Moffat.

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November 6, 2024 at 7:03 am #713053
MajorR123
Participant
- Topics: 6
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Why aren’t we accounting for the fact that there will be tax relief on the issue costs in the financing aspect of the APV?
November 6, 2024 at 11:13 am #713057
John Moffat
Keymaster
- Topics: 57
- Replies: 54499
It is an assumption. However unless told otherwise always assume that issue costs are not tax allowable in the exam (but as always do state your assumptions).
November 6, 2024 at 12:09 pm #713059
MajorR123
Participant
- Topics: 6
- Replies: 10
Thank you so much tutor!
November 7, 2024 at 9:25 am #713081
John Moffat
Keymaster
- Topics: 57
- Replies: 54499
You are welcome 🙂
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