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Replies to #73237 on Biotech Values
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DewDiligence

02/15/09 10:13 PM

#73238 RE: WID #73237

Re: Botox quiz

Allergan will use the coupons as advertisement promotion and will write off the cost for tax purposes.

No special tax handling is needed—the coupons reduce taxable income directly by reducing net sales. In any case, the answer to the quiz is something much simpler than tax avoidance.