Are penalties or illegal activity fines tax deductible for a C corporation
No, penalties and illegal activities will not be deductible for C Corps.
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You might also be interested in... Are political and lobbying expenses tax deductible for a C corporation?
No. Payment submitted to a political party, or those made for lobbying support, will not be deductible for C Corps.
Are political and lobbying expenses tax deductible for a C corporation?
No. Payment submitted to a political party, or those made for lobbying support, will not be deductible for C Corps.
