AbbVie Frees Taxpayers From M&A Capital Loss Limitations

By Mark Melton, Mark Miller and Brad Seltzer
July 11, 2025, 3:57 PM EDT

In a significant win for taxpayers, on June 17 the U.S. Tax Court ruled in AbbVie Inc. v. Commissioner that a $1.6 billion break fee paid by AbbVie qualifies as an...

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