Tax Deductions Blunt Impact of Large Corporate Settlements, Report Says – New York Times

Tax Deductions Blunt Impact of Large Corporate Settlements, Report Says – New York Times
Tax Deductions Blunt Impact of Large Corporate Settlements, Report SaysNew York TimesBP’s pending $20.8 billion settlement with the Justice Department and other federal and state regulators related to the Deepwater Horizon oil spill in 2010 allows about $15.3 billion to be classified as a tax-deductible business expense, according to …
Tax Deductions Blunt Impact of Large Corporate Settlements, Report Says – New York Times