Seeking professional advice is necessary.
In my Taxation Law subject. Mr. Justin illustrated a tax deduction on investment property. If you can follow the definitions of the deduction, you can have 4% per year over 25 years or 2.5% per year over 40 years deduction based of the building cost of the unit. Normally the cost of building is the half price of the sales price. That is 2% return increase per year.
This is only an example of reducing income tax and there for increasing net profit by taxation lawyer. In a project planning period, seeking professional advice is necessary. That cost should be recovered by the professional knowledges.
Seems that you are truly good at numbers and seem like a good student. Good on you!
ReplyDeletewhy i cannot see the topic regarding to the measurement in the accounting any more? I think the two examples you selected is very difficult to illustrate, there must be much work to do. Can you upload more details about this topic?
ReplyDeleteto sandrayu81 you can't see the measurement article because I am currently working on it.
ReplyDelete