标题: 2011 Mock AM Q27 [打印本页] 作者: bapswarrior 时间: 2013-4-20 02:25 标题: 2011 Mock AM Q27
The question asks for equity reversion after tax.
why capital gain = gain on sale - depreciation? (gain on sale = net selling price - purchasing price + dep)
shouldn’t it be net selling price - depreciation?作者: justin88 时间: 2013-4-20 02:27
no since selling price - book = total gain
total gain - dep = capital gain
and then you recapture your tax on depreciation作者: former 时间: 2013-4-20 02:29
