Ask Question
18 July, 08:01

When using the safe harbor method what is not deductible as state and local sales tax?

+4
Answers (1)
  1. 18 July, 08:03
    0
    There is no reduction in basis for depreciation or depreciation recapture When using this method.

    this method is very common to be used by the companies that. are trying to avoid being taken over by larger Entities by purposely making their financial report look less attractive compared to other companies in the market.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When using the safe harbor method what is not deductible as state and local sales tax? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers