Tax Shield

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A Tax Shield is an allowable deduction from taxable income that results in a reduction of taxes owed.

Click here to learn more about this topic: https://corporatefinanceinstitute.com/resources/knowledge/valuation/tax-shield/

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corporate finance institute cfi tax tax shield accounting corporate finance income interest finance amortization depreciation mortgage capital structure

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Grace . 2019-08-13
Is depreciation expense actually tax-deductible? Since the expense is not cash. Most tax jurisdictions will reckon with cash expenditures only as allowable deductions.
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