AbbVie Catches a Break in Termination Fee Tax Court Case
JD Supra: Mergers
JUNE 30, 2025
could deduct the fee it paid to terminate its 2014 combination agreement with Shire plc. On June 17, the U.S. Tax Court ruled that AbbVie, Inc. This decision represents a significant win for AbbVie, and it represents a potential milestone in the longstanding puzzle of how to treat M&A break fees.
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