Question: A tax planner for a start up biotechnology company is
A tax planner for a start up biotechnology company is advising her client about how to efficiently organize R& D activities. One suggestion the tax planner made is to form a joint venture with another biotech company. List and explain the tax benefits and nontax costs and benefits of such a plan. Does it matter if the other company is a start up company or an established, profitable company?
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