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What the impact on the NCI share of profit

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Question - A Ltd holds a 60% interest in B Ltd. On 1 July 2014 B Ltd transferred a depreciable non-current asset to A Ltd at a profit of $5000. The remaining useful life of the asset at the date of transfer was 4 years and the tax rate is 30%. What the impact of the above on the NCI share of profit for the year ended 30 June 2015?

Reference no: EM133010683

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