2 ms·
Yes. It also penalizes shrinking firms as you simply lose the benefit of amortization if you can’t use it.
by fnordpiglet 4y ago
Yes. It also penalizes shrinking firms as you simply lose the benefit of amortization if you can’t use it.
- hgsgm 4y agoPenalizes shrinking revenues, not shrinking firms. Shrinking firms who maintain revenue (layoffs!!) do well by winding down tax liability.
- fnordpiglet 4y agoMy bad you’re right!