Accounting Treatment for Stamp Duty
1 post • Page 1 of 1
Accounting Treatment for Stamp Duty
by Pards on Sun Mar 08, 2009 7:09 pm
I have looked up IAS16 regarding acqusition costs for PPE etc. I have found no mention for the treatment of Stamp Duty of a Property. I normally capitilise the expense IN NCA. Pro fees are expensed under IAS 16 but im not sure about the Stamp Duty; Can anyone advise me on the correct treatemnt and the relevant standard in question. Note; I have a particular interest to the standard it comes under. (International Standards but UK will also be of an interest)
- Pards
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- Joined: Fri Feb 06, 2009 8:18 pm
1 post • Page 1 of 1
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