id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ftr-469	Crane, Charlotte	More on Accounting for the Assumption of Contingent Liabilities on the Sale of a Business	2022	32	.pdf	application/pdf	15177	558	51	His conclusions are based on the assumption that all contingent liabilities should be treated similarly for the purposes of tax accounting, and that none should be given as favorable tax accounting treatment as fixed liabilities. The present value for these purposes is computed at the after-tax rate of return, since the buyer will incur tax liability on the interest earned if it has set aside a fund to meet the obligation.	cache/ftr-469.pdf	txt/ftr-469.txt