Regarding Okan Co (Sep/Dec 19)

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

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November 6, 2024 at 7:03 am #713053
MajorR123
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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
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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
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Thank you so much tutor!
November 7, 2024 at 9:25 am #713081
John Moffat
Keymaster
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You are welcome 🙂
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