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    Principles of Taxation
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    Exam 7: Property Acquisitions and Cost Recovery Deductions
  5. Question
    A Corporation That Incurs $28,500 Organization Costs Must Capitalize the Costs
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A Corporation That Incurs $28,500 Organization Costs Must Capitalize the Costs

Question 16

Question 16

True/False

A corporation that incurs $28,500 organization costs must capitalize the costs and amortize them over 180 months.

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