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 Answer
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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