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4.TAXATION We had a very good discussion in class regarding Goodwill. I would like you to share your thoughts on how important it is for

4.TAXATION

We had a very good discussion in class regarding Goodwill. I would like you to share your thoughts on how important it is for a business owner to understand what goodwill is, how they could build it, and why a $100,000.00 of Goodwill profit when selling a business is better for Income tax purposes when compared to receiving $100,000.00 in wages.

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