Which of the following was not a strategy used by Enron to avoid taxes?
A)Deduction of losses twice
B)Shifting depreciable assets to non-depreciable assets
C)Tax deductions for repayment of debt principal
D)Duplication of single economic loss
E)Generation of fees for serving as an accommodation party for another taxpayer

Question

Quizplus · Accepted Answer

Shifting depreciable assets to non-depreciable assets is not a strategy used by Enron to avoid taxes. The other options were all used by Enron to minimize their tax liabilities.

Which of the Following Was Not a Strategy Used by Enron