Ressane installs a test platform bought for 800,000. It must restore the site at the end of operations: estimated cost of 96,000, provided for and included in the cost of the platform (treatment in the case). The tax law (data) admits neither this component in the tax base nor the provision before payment. Future taxable profit is probable. Tax rate: 30%. Compute the deferred taxes at the outset.
- Purchase price of the platform (tax base)
- 800,000
- Estimated restoration cost capitalised and provided for
- 96,000
- Tax rate (%)
- 30 %