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Illegal bribes and kickbacks are not deductible as business expenses, but fines imposed by a governmental unit are deductible if the fines are incurred

illegal bribes and kickbacks are not deductible as business expenses, but fines imposed by agovernmental unit are deductible

Illegal bribes and kickbacks are not deductible as business expenses, but fines imposed by a governmental unit are deductible if the fines are incurred in the ordinary course of business. O True False

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