Tax Research: Disallowance of a deduction by the IRS for payments made to foreign officials Custom Essay

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“Tax Research” Imagine that you are a CPA and have been hired by a client to defend him or her against the disallowance of a deduction by the IRS for payments made to foreign officials. Propose the key components you would use to defend your client and how you would present a convincing argument to the IRS.
Take one of those key components that you researched above and propose one change to the U.S. tax code to align it to the foreign government practices indicating the impact to tax revenue.

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