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9. A business professor stated that depreciation was a huge tax
9. A business professor stated that depreciation was a huge tax giveaway by the government, because companies would sell buildings and the buyer would depreciate them all over again. How would that be a way to avoid paying taxes?
Avoiding Taxes through Depreciation
While tax evasion is illegal and prosecutable under most jurisdictions, tax avoidance is
not. Tax avoidance is a way to avoid paying taxes, by taking advantage...
This question was answered on: Feb 21, 2020
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