Tax accounting is completely different to accounting you show to a bank for a loan. This is normal because they are used for different things, and are accounting for different things. For example - the tax rate and taxes paid have a real impact on cashflows which would impact your eligibility for a loan. In tax returns taxes paid are not included in profit and loss, because that would lower the tax paid by businesses.
So yes, NYT was absolutely gaslighting.
In my tax report I think my house is valued at 400 000 NOK.
When I talk to the bank it will probably be worth 4 200 000 NOK.
Tax authorities here know as banks update them every year.
Also in accounting it is common. I remember asking my teacher about it when we had basic accounting and it is simple: if you depreciate (?) an item to less than it is worth you just have to report a profit when you sell a "worthless" asset. (I'm not an accountant and English is not my first language but I think it should be possible to understand.)
It is like this for everyone!
Same with depreciation rules, when I learned the rules here my teacher was actually working with the tax authorities.
Depreciation in accounting is a technicality. And if you happen to sell a thing that is technically worth 0 in the books that just becomes an extra inflow of money to the company, which is taxable and so the tax authorities get their money.
Unless you have learned accounting, be careful :-)