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Schweser Notes, Book 3, R39, p121
Hey peeps,
I thought interest, dep and amortization are all tax-deductible. However, in the calculation of both Nominal and Real taxes, the base used is Nominal and Real EBITA, respectively. Shouldn’t the base for taxes be EBT? What gives?
Thanks. |
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发表于 2013-4-12 23:18
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