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0.00% 6.0¢ iron road limited

capex and tax

  1. osr1986
    1,955 Posts.
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    23/01/13
    14:03
    Post #: 11325015
    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.
    IRD Price at posting: 28.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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