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> Here’s why – complicated corporate tax rules will let Aol write off the full purchase price of Bebo if they declare it worthless and abandon the asset. ...ye
by Nwallins 16y ago
> Here’s why – complicated corporate tax rules will let Aol write off the full purchase price of Bebo if they declare it worthless and abandon the asset.
...yet another perverse outcome of overly-complicated, micro-managed tax codes. The law of unintended consequences strikes again! http://en.wikipedia.org/wiki/Unintended_consequences http://en.wikipedia.org/wiki/Unintended_consequences