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b) In certain cases, Congress has specifically prohibited or limited the ability of a business to deduct an expenditure that otherwise appears to meet the
b) In certain cases, Congress has specifically prohibited or limited the ability of a business to deduct
an expenditure that otherwise appears to meet the general business expense deductibility requirements.
Identify and briefly explain three different examples of such prohibitions or limitations. For each
example, provide the most likely reason why Congress was motivated to make such a r
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