Stamp duty on transfer of capital assets on amalgamation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 August 2012
What should be the accounting treatment of the stamp duty paid on transfer of capital assets of the Transferor companies to the Transferee company? Can this be capitalize or charged to the Amalgamation reserve?
28 August 2012
Capitalize................
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