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    Principles of Taxation
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    Exam 7: Property Acquisitions and Cost Recovery Deductions
  5. Question
    Which of the Following Expenditures Must Be Capitalized for Tax
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Which of the Following Expenditures Must Be Capitalized for Tax

Question 55

Question 55

Multiple Choice

Which of the following expenditures must be capitalized for tax purposes? 


A)  Intangible drilling and development costs
B)  Leasehold costs
C)  Research and development costs
D)  Advertising expenditures

Correct Answer:

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