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28. Assume that a company with a tax rate of 40 percent has acquired a firm with $5 million book value for $12 million. The acquiring company is located in a country where goodwill write-offs are deductible for tax purposes. The goodwill can be written off for a maximum of ten years. What is the amount of tax savings that the acquiring company can realize for ten years?
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User chemicalfreewine

Member for: 6 years
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Full name: Janella Purcell
Location: 29 Brandon Street, Suffolk Park NSW 2481
Website: http://chemicalfreewine.com.au/
About: His secret according to his son was he drank four bottles of Organic Chemical Free Red Wine a day. Now we’re not condoning doing the same but the Amigos realised something after reading this… we actually could.

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