|
Market value of asset when first provided
as benefit A1 |
200000.00 |
|
|
Amount already taxed as benefit since first
provided A2 |
2000.00 |
|
|
A1 minus A2 = A3 |
198000.00 |
|
|
Market value of asset as at the date of
transfer A4 |
200000.00 |
|
|
Greater of A3 and A4 = A5 |
200000.00 |
|
|
Amount paid by employee for the asset A6 |
165000.00 |
|
|
Total Cash Equivalent Amount A |
35000.00 |
|