Question: In 2 0 2 2 and future years, for the first taxable year in which a corporation has qualifying research and experimental expenditures, the corporation
In and future years, for the first taxable year in which a corporation has qualifying research and experimental expenditures, the corporation
Group of answer choices
Has a choice of either deducting such expenditures as current business expenses, or capitalizing these expenditures.
Has to treat such expenditures in the same manner as they are accounted for on the corporations financial statements.
Is required to deduct such expenditures currently as business expenses or lose the deductions.
Is required to capitalize such ex
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