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12. What is NOT true about the deductibility limit for the tax shield based on the current tax code? Tax deductibility limited to 30% of
12. 
What is NOT true about the deductibility limit for the tax shield based on the current tax code? Tax deductibility limited to 30% of EBITDA through 2021 Tax deductibility limited to 30% of EBIT after 2021 You cannot carry forward the tax benefit for future years Limits in-year tax deductibility Step by Step Solution
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The Economics Of Money Banking And Financial Markets
Authors: Frederic S. Mishkin
11th Global Edition
1292094184, 978-1292094182
