LO4,5 The capital recovery concept is both an income concept and a deduction concept. Explain how the
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LO4,5 The capital recovery concept is both an income concept and a deduction concept. Explain how the application of the concept differs for income items and deduction items.
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Concepts In Federal Taxation 2011
ISBN: 9780538467926
18th Edition
Authors: Kevin E. Murphy, Mark Higgins
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