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18 July 2023FeaturesGenericsCarina Federico and Anne Li
Can pharma firms deduct fees in Hatch-Waxman suits?
For taxpayers, the ability to deduct the entirety of an expense in the current year can be extremely important to their business. The Internal Revenue Service (IRS) and Department of Justice Tax Division continue to assert that, for patent infringement legal fees to be deductible, the issue must be capitalised—rather than deducted.
