An asset's tax-adjusted basis is usually greater than its book-adjusted basis.

Name: An asset's tax-adjusted basis is usually greater than its book-adjusted basis.
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The tax-adjusted basis of an asset is often lower than its book-adjusted basis because tax regulations typically allow for faster depreciation rates compared to those used in financial accounting, leading to a quicker reduction in the asset's tax basis.

An Asset's Tax-Adjusted Basis Is Usually Greater Than Its Book-Adjusted