Just imagine all the losses that various companies can report from the riots and looting. Some cooperations might even report enough losses that they effectively pay no taxes, depriving the local and state coffers.
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Just imagine all the losses that various companies can report from the riots and looting. Some cooperations might even report enough losses that they effectively pay no taxes, depriving the local and state coffers.
not only capital expenses (rebuilding) but also operational loses during a declared emergency (covid) can be deducted.