A company capitalised development costs of N$ 320 000 during the year. An amount of N$ 50 000 was recognised as an amortisation expense . Assume the tax authorities will allow the capitalised costs to be written off over a period of 4 years as a tax allowance. What is the deferred tax to be recognised assuming a 28% tax rate ?
A company capitalised development costs of N$ 320 000 during the year. An amount of N$ 50 000 was recognised as an amortisation expense .
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