For well-diversified investors in depreciable real estate, the trading decision may be made with the sole objective of maximizing the property's depreciation tax shelter net of all capital gain taxes and transaction costs.This paper develops a dynamic programming model in which the optimal...

Das Lösungsbuch zur Buchführung 2 hilft Ihnen, Ihre selbst erarbeiteten Lösungen zu den Übungsaufgaben des Lehrbuchs zu überprüfen. Um Ihnen über die Angebote des Lehrbuchs hinaus Übungsmaterial zur Verfügung zu stellen, ist die 30., überarbeitete Auflage des Lösungsbuchs um...

Tax systems of both Germany and other European countries are often subject to tax reforms. On the one hand, tax systems should be economically efficient, i.e., they should not involve welfare losses or lead to distortions of decisions. On the other hand, tax reforms could only be implemented if...

This study highlights the concept of depreciation and eligibility of assessee for charging depreciation as per Income Tax Act. The rules for charging depreciation have been changed from time to time. The study presents the rules of depreciation from the Assessment Year (AY) 1966-67 to 2012-13....