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Can a Licensee include in its NTA calculation the value of Related Entity Loans?

April 26, 2017calculation entity Licensee Loans nta value

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Can a Licensee include in its NTA calculation the value of Related Entity Loans?

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Related Entity Loans that are an asset to the licensee can only be included in a licensee’s NTA if the accountant is satisfied that they are recoverable. If they are not able to be verified as recoverable, they are excluded from all calculations.