The tax base (it used to be tax basis, but somehow it changed to tax base; I think the reason is that the plural for each word is โ€œbasesโ€ (pronounced <base-eez> and <base-ezz>, respectively), that someone mistook โ€œbasesโ€ (plural of โ€œbasisโ€) to be โ€œbasesโ€ (plural of โ€œbaseโ€), and the error caught on) of an asset […]

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