MINTS Bhd . Is considering to replace its old machine with a new one bought 3 years
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Question:
MINTS Bhd Is considering to replace its old machine with a new one bought years ago at a cost of RM The machine has a remaining life of years and is depreciated using the sumofyears digit method.. The old machine can be sold for RM at the market today. If corporate tax rate is percet and capital gain tax is percent, calculate the total tax liability of the company assuming the compay has a taxable income of RM this year.
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