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    government justified tax preferences

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    What are tax preferences? How does the government justify tax preferences ?

    © BrainMass Inc. brainmass.com December 15, 2020, 9:30 pm ad1c9bdddf

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    Tax preferences refer to those items that are coded in the tax law that the tax payer must include when computing the Alternative Tax Rate. These items could include: personal exemptions, private activity bond interest, depreciation of property, intangible drilling costs, municipal bond interest and many other ...

    Solution Summary

    The solution explains tax preference. Government justified tax preference is discussed.