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Slother,If they book a write-down to the P & L then the...

  1. Coppertop137
    3,760 Posts.
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    19/12/08
    21:14
    Post #: 4625651
    Slother,

    If they book a write-down to the P & L then the write-down forms part of the taxable income (or loss) as such.

    That's my understanding. But other than a sub-major in accounting at University 10 years ago, I have not got extensive accounting knowledge so I would love it if someone could conjfirm this.
    CER Price at posting: 5.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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