Re:Medical Equipment Crashes During Heart Procedure Because ...
by WalterBright on Saturday May 07, 2016 @11:14PM
(#11652461)
> get to write it off
A fine being tax deductible does not mean zero cost to the company, it means the profit is reduced before taxes are computed, i.e. the actual cost is reduced by the marginal tax rate. A tax credit means zero cost.
A fine being tax deductible does not mean zero cost to the company, it means the profit is reduced before taxes are computed, i.e. the actual cost is reduced by the marginal tax rate. A tax credit means zero cost.