Accelerated Depreciation Revisited - A Reply to Professor Blum

8 Pages Posted: 6 Jun 2007  

Douglas A. Kahn

University of Michigan Law School

Abstract

Professor Blum's comment addresses the proper or neutral tax treatment to be accorded three of the items discussed in my recent article on accelerated depreciation(Kahn, Accelerated Depreciation: A Proper Allowance for Measuring Net Income?) - namely, annuities, prepaid expenses, and exhaustible assets. Blum disputes my analysis in all three cases. While Blum's article is eminently readable, I do not believe that it refutes my earlier work to any extent. In this reply to Professor Blum, I will deal separately with each of the three items he examines.

Keywords: Taxation, Depreciation, Neutrality, Expenditure

JEL Classification: H20

Suggested Citation

Kahn, Douglas A., Accelerated Depreciation Revisited - A Reply to Professor Blum. Michigan Law Review, Vol. 78, p. 1185, 1980. Available at SSRN: https://ssrn.com/abstract=991386

Douglas A. Kahn (Contact Author)

University of Michigan Law School ( email )

625 South State Street
Ann Arbor, MI 48109-1215
United States
734-647-4043 (Phone)

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