Don’t even need to think about it as tax penalty. Lots of advertising is going to build IP and goodwill, which are long-lived assets. Those expenses should be capitalized, not immediately expensed. Then maybe get some amortization or basis recovery later.
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Even if we assume the premise that large advertising spending is a zero sum game, is there any evidence that such spending harms society? If not, why should we use tax code to protect large corporations from their own decision making?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Makes sense. It certainly works in restricting entertainment.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.