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It can deduct the interest. It can also get an R&D credit+ for how it spent the proceeds of the loan. +Depending on a lot of details
by bradleyjg 6y ago
It can deduct the interest. It can also get an R&D credit+ for how it spent the proceeds of the loan.
+Depending on a lot of details
- Schiendelman 6y agoYeah, and if an individual creates a sole proprietorship they could probably hire an instructor and deduct that R&D.