A healthcare company that helps nursing homes buy equipment is not entitled to $3.5 million in tax deductions meant for domestic software production, the Seventh Circuit ruled, saying the company failed to meet the threshold for the break because it didn’t actually provide software to customers.
7th Circ. Affirms Co. Can’t Get $3.5M Software Deduction
by usoftax_admin | Mar 25, 2024 | Tax News