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Manuscript - Financing Modeling of Renewable Energy Projects

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Tax Expense vs Paid

D&T-TaxExp

File: 2. Static Debt end

Sheet: D&T

Tax Calculation

Tax expense will be calculated based on accounting principle amd will be

booked in Income Statement. It’s different than what we pay (Tax paid)

because tax office has own tax calculation

2

D&T-TaxDep

49

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