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  3. Study Set
    Principles of Taxation
  4. Exam
    Exam 7: Property Acquisitions and Cost Recovery Deductions
  5. Question
    The Difference Between the Before-Tax Cost and After-Tax Cost of an Asset
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The Difference Between the Before-Tax Cost and After-Tax Cost of an Asset

Question 96

Question 96

True/False

The difference between the before-tax cost and after-tax cost of an asset equals the net present value of the tax savings from any cost recovery deductions with respect to the asset.

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