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green7eatoday at 4:30 AM1 replyview on HN

It only reversed it for within the US, I learned that when the company I worked for (owner was a US company) closed.


Replies

trollbridgetoday at 6:23 PM

Right, you can only deduct R&D expenses that happen inside the U.S.

If you want to do R&D overseas, best to set up an overseas company.