A companys tax savings from its Writing Down Allowance (WDA) can be higher than the taxes paid

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A company’s tax savings from its Writing Down Allowance (WDA) can be higher than the taxes paid on its profits in a given year, resulting in post-tax cash flows exceeding pre-tax cash flows.

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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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Posted Date: Feb 07, 2024 02:26 AM

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A companys tax savings from its Writing Down Allowance (WDA) can be higher than the taxes paid

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Modern Principles of Economics

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