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P6 MYS June 2015

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P6 MYS June 2015

If you taken the paper pls share your answer.

Part A
Q1 IIV ) Computation of tax for Company to invest in another company option 1.Acquisition of shares or option 2. taking over asset and liabilities. Any idea? What's tax loss ?

Q2). Entertainment allowance and other
Expenses deductible and whether penalty 45% is Accurate for incorrect return? Appeal procedure?

June 6th 2015 AN ACCA USER 120 Points

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