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The intangible assets of a company getting acquired were written up for book purposes by $20 million, but not written up for tax purposes. If
The intangible assets of a company getting acquired were written up for book purposes by $20 million, but not written up for tax purposes. If the acquirer has a 25% tax rate what is the value of the deferred tax liability resulting from the book write-up and no tax write-up?
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