When it comes to transferring goodwill in a business valuation,goodwill:
A)is considered an intangible asset and therefore not taxed.
B)can be used as a deduction by the seller.
C)is taxed for the seller as capital gains.
D)cannot be used as a deduction by the buyer because it is a capital asset.

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The Answer of When it comes to transferring goodwill in a business valuation,goodwill:
A)is considered an intangible asset and therefore not taxed.
B)can be used as a deduction by the seller.
C)is taxed for the seller as capital gains.
D)cannot be used as a deduction by the buyer because it is a capital asset.

When It Comes to Transferring Goodwill in a Business Valuation,goodwill