Update: Ad Expense Deductibility Proposal Reportedly Advances
November 12, 2013
The proposal appears not to envision the complete elimination of the deduction. But not by much. As described by AdWeek, Camp’s proposal calls for only 50% of ad expenses to be deductible during the first year, with the remainder of the expense to be amortized over the ensuing decade. (Exactly how this makes any economic sense is not at all clear.) Such a move would obviously have a harsh effect on advertisers and a trickle-down effect on others, including broadcasters, who might suffer if a change in tax policy discourages advertising.
Get the Media Source Newsletter on your smartphone or tablet now!
![]() |
iphone |
![]() |
Android |
The Notice of Proposed Rulemaking (MB Docket Nos. 19-311, 13-249) asks the industry to share its insights...
Posted on November 25, 2019The state wants to re-label the school as a "community care facility" and put it under heavy regulation by the Department of Social Services.
Posted on November 20, 2019Congress continues to search for a solution to the STELAR debate, with a new bill now circulating...
Posted on November 19, 2019FCC will run auction that will sell 280 MHz for the development of 5G.
Posted on November 18, 2019