Question: Tax capitalization is: Question 1 7 Answer a . a decrease in the value of a taxed asset at a level related to the discounted

Tax capitalization is:
Question 17Answer
a.
a decrease in the value of a taxed asset at a level related to the discounted value of the future tax liability.
b.
partially recognized when the supply of a taxed asset is perfectly inelastic.
c.
only partially recognized on assets like land.
d.
both (b) and (c) are correct.

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