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The Kets de Vries Neurotic Organization Study created a new framework for analysis of organizations proposing that
Section 1231 Property
Business property that combines features of capital assets and depreciable property, potentially offering favorable tax treatment on gains.
Trade or Business
An activity carried out for the purpose of earning income or profit, involving regular and continuous operations in a particular field.
Depreciation
An accounting method to allocate the cost of a tangible asset over its useful life, reflecting wear and tear, decay, or obsolescence.
Gift Tax
A tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return.
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