Question on tax basis
Say you have an asset with a tax basis of $25million and you’re acquiring it for $100million. Does that mean the amortizable value is then $75? And my tax asset is calculated off that $75? Thank you
Say you have an asset with a tax basis of $25million and you’re acquiring it for $100million. Does that mean the amortizable value is then $75? And my tax asset is calculated off that $75? Thank you
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