liquor license

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • geraldenek
    Silver Member

    • Jul 2008
    • 229

    #1

    liquor license

    Morning, desperate in need of help today.

    If you own a restaurant/pub and you purchased a liquor license - is this classified in the financials as an intangible asset, and if so, does it get amortized?

    Thank you in advance for the help.
    Geraldene Kapp
    Professional Tax Help
    www.mytaxhelp.co.za
  • CLIVE-TRIANGLE
    Gold Member

    • Mar 2012
    • 886

    #2
    Hi Geraldenek, was this a transfer of a licence? Or did the present owner license the pub as such?

    Comment

    Working...