
The U.S. Treasury does not lose cash revenue from an exchange because the
must forego future . Read this paper from the Federation of Exchange Accommodators that outlines the relationship between deferral and depreciation.The U.S. Treasury does not lose cash revenue from an exchange because the taxpayertaxpayer must forego future depreciation deductionsdepreciation deductions . Read this paper from the Federation of Exchange Accommodators that outlines the relationship between deferral and depreciation.