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When It Comes to Transferring Goodwill in a Business Valuation,goodwill

Question 106

Multiple Choice

When it comes to transferring goodwill in a business valuation,goodwill:


A) is considered an intangible asset and therefore not taxed.
B) can be used as a deduction by the seller.
C) is taxed for the seller as capital gains.
D) cannot be used as a deduction by the buyer because it is a capital asset.

Correct Answer:

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