IRD 3.33% 6.2¢ iron road limited

capex and tax

  1. 1,955 Posts.
    lightbulb Created with Sketch. 20
    Guys,

    Sorry to sound like a complete newbie, but how are CAPEX expenditures treated taxwise for projects such as IRDs.
    Do they just take the CAPEX expenditure divide it by 7(10??) and reduce their revenue by that amount, then pay tax etc, on whats left.
 
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