Why might there be tax implications when an asset is sold at the termination of a capital

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Why might there be tax implications when an asset is sold at the termination of a capital budgeting project?

Capital Budgeting
Capital budgeting is a practice or method of analyzing investment decisions in capital expenditure, which is incurred at a point of time but benefits are yielded in future usually after one year or more, and incurred to obtain or improve the...
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