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Werfel Asked To Clarify How To Treat R&D Costs In M&A

By Law360 Staff ( September 10, 2024, 3:27 PM EDT) -- Accounting firm RSM US LLP, in a letter released Tuesday, asked Internal Revenue Commissioner Daniel Werfel to clarify how to treat research and development costs when a taxpayer disposes of an entire business in a mergers and acquisitions transaction....

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