The tax treatment regarding the sale of existing assets that are sold for more than the book value but less than the original purchase price results in a(n) .

capital gain tax liability

Explanation:

Capital gain tax is defined as the type of tax that is paid when the owner of an investment or asset makes a profit from its sale.

For example when the assets are sold for more than the book value but less than the original purchase price, there is a profit made that is called capital gain.

The tax applied to this capital gain is called capital gain tax liability.

what are the sentences? so we can answer the question.

answer; i believe its (d) intrinsic;