One of my business professors told me that depreciation was a huge tax giveaway by the government,

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One of my business professors told me that depreciation was a huge tax giveaway by the government, because companies would sell buildings and the buyer would depreciate them all over again. How would that be a way to avoid paying taxes?
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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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