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As feared, the proposal would cut the deduction by half in the first year with the rest amortized over 10 years.
 Limit to Ad Tax Deduction Is in Rep. Camp's Tax Reform Package www.adweek.com Rep. Dave Camp (R-Mich.), the outgoing chairman of the House Ways and Means Committee, unveiled his tax reform package Wednesday, and the bad news for the advertising and media industries is that it includes new limits on the advertising tax deduction. |
