andrewducker

By annual GDP, Luxembourg is a $40 billion economy. The UK is a $2 trillion GDP economy and currently enjoys near-record-low costs of borrowing. Why would we invade when we could just buy out the ducal family on the never-never?

What are the captial gains tax implications of a pure invasion compared to buying out a going concern?

Accelerated depreciation on all deployed materiel, extending to a complete write-off of expended ordnance?

That...

... and a significant write of goodwill upon acquisition.