what-is-the-impact-of-using-macrs-on-a-companys-tax-liability-in-the-early-years

Question

What is the impact of using MACRS on a company's tax liability in the early years of an asset's life?

Accepted Answer

It decreases tax liability.

Answer

It has no impact on tax liability.

Answer

It increases tax liability.

Answer

It defers tax liability to later years.