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The tax impact of a capital investment project (such as the replacement of a major piece of machinery) is present during:

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The answer is all stages (initiation, operation, and final disposal) of the project.

The official commencement of a project is the initiation. It typically starts with the issuance of a project mandate, which summarises the project's goal and approves budget expenditure.

Putting your project strategy into practice is known as implementation, often referred to as project execution. A "kick-off meeting" for the project is a common way to start.

You will execute the actions and activities outlined in your project plan during this phase to produce the project deliverables.

Since they frequently take place simultaneously, monitoring and control frequently overlap with execution.

They call for monitoring project development and performance as well as resolving any problems that may come up during regular work.

You will finish your job during this final stage and end the project. Closure is just the project's conclusion; it doesn't necessarily indicate success.

Hence, The tax impact of a capital investment project (such as the replacement of a major piece of machinery) is present during all stages (initiation, operation, and final disposal) of the project.

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