Explain congresss rationale for depreciation recapture

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Reference no: EM13906461

1. Explain Congress's rationale for depreciation recapture.

2. Compare and contrast §1245 recapture and §1250 recapture.

3. Why is depreciation recapture not required when assets are sold at a loss?

4. What are the similarities and differences between the tax benefit rule and depreciation recapture?

Reference no: EM13906461

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