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What is the impact of depreciation

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Question - Depreciation is a tricky one. When I think about assets, one of the first thoughts that comes to mind is depreciation. The point here is that assets will lose their value. The downside is that an asset is no longer worth its value over time, but the upside there is a depreciation benefit. What is the impact of depreciation? How does it affect the amount of tax paid by organization's? Please discuss.

Reference no: EM133109097

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