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Business, 18.08.2021 21:40 jr928718

was $20 million. At December 31, 2016, the book value of the building was $28 million and its tax basis was $13 million. There were no other temporary differences and no permanent differences. Pretax accounting income for 2016 was $45 million. The tax rate is 40%. The change in the temporary difference from 2015 to 2016 is

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was $20 million. At December 31, 2016, the book value of the building was $28 million and its tax ba...
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