Tax blog
💼💰 AbbVie Wins in Tax Court: $1.6B Breakup Fee Deemed Deductible Business Expense
🏛️ AbbVie Inc. v. Commissioner, 164 TC No. 10 (2025) 📖 Case in Brief In a major win for businesses navigating M&A deals, the Tax Court ruled in favor of AbbVie, holding that its $1.6 billion breakup fee paid to
July 14, 2025
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