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Thread: Spot the difference between legacy and LoCo
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Old 27th March 2013 | 22:14
  #20 (permalink)  
ZFT
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Joined: Jun 2002
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From: Asia
racedo
Depreciation has no impact on tax so writing aircraft down in 5 years or 10 years matters little as this is ignored for tax purposes.
Has a very significant impact on Corporation Tax
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