I hope someone can help me: I have developed a software product myself, which I subsequently started selling trough a CC of which I am the sole member. I now want to get the tax sorted out for the CC, and I want to know whether I am able to depreciate the asset value of the product that I developed, and if so, how do I determine the value of the asset?
Could I alternatively show that the company "bought" the product from me in the way of a loan account? I really need help on sorting this issue out, and have tried more than one accountant who does not really know how to handle this best.
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