Re:Tell HN: Submit comments on IRS guidance to SEC 174 expenses
by singron on Saturday November 04, 2023 @08:56PM
(#38146886)
It's also illegal to acquire a company primarily to assume it's future negative tax obligations when the capital is depreciated [0], so there really is no way to recoup those costs.
0: https://www.journalofaccountancy.com/issues/2021/feb/tax-ben...