Explain why a businessperson might view the cost of a $100,000 building as being significantly higher than

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Explain why a businessperson might view the cost of a $100,000 building as being significantly higher than the cost of a $100,000 delivery truck. Make a cost comparison, assuming the taxpayer is subject to a 45% tax rate and can invest funds to generate an after-tax cash return of 9%. (Assume the building was used by the seller before March 19, 2007).
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Canadian Income Taxation Planning And Decision Making

ISBN: 9781259094330

17th Edition 2014-2015 Version

Authors: Joan Kitunen, William Buckwold

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