Loeb & Loeb partner Marcus Owens is quoted on the ability of companies to deduct or donate up to 10 percent of their annual taxable income and gray areas when it comes to violating the self-dealing rules. This article discusses the drug industry giving gifts and grants to the communities that sued over the opioid epidemic.
Click here to read the article on Bloomberg’s website.
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Co-Chair, Nonprofits & Tax-Exempt Organizations