The Globe and some other properties came with boatloads of intangibles that do not qualify as tax-deductible expenses.

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But the UK allows a generous amount of tax-deductible expenses which can significantly reduce the amount of tax due.

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Conversely, payments for extended health coverage often are tax-deductible as medical expenses.

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One advantage: these payouts are considered day-of-game expenses, making them tax-deductible.

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Many corporations would rather pay interest expenses since they are tax-deductible, whereas dividends are not.

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