Interest incurred in business is a claimable tax claim so the 5% interest will end up being less in net terms making the profit on the 15% interest charged more like a 12% return.
- Forums
- ASX - By Stock
- Ann: Acquisition of Senior Secured Debt Facility
Interest incurred in business is a claimable tax claim so the 5%...
-
- There are more pages in this discussion • 78 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online