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Revision as of 10:52, 22 September 2026
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We subtract.28 from 1.00 and instead gives off.72 or cibai 72%. This shows that a non-taxable interest rate of 3.6% would be the same return as a taxable rate of 5%. That was derived by multiplying 5% by 72%. So any non-taxable return greater than 3.6% would be preferable with taxable rate of 5%. The auditor cibai going using your books doesn't necessarily want to discover a problem, anjing but he has to look for a problem. It's his job, and he has to justify it, along with the time he takes to write it.
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