Tobacco curbs, deductions linked

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In the latest proposal to emerge as the U.S. Senate discusses tobacco-control legislation, tobacco marketers would be barred from deducting their advertising costs if they are found in violation of Food & Drug Administration rules. Sen. Jack Reed (D., R.I) is expected to offer such a plan as an amendment to the Senate bill May 20. Ad groups said they are worried about using the tax code as a method of enforcing FDA advertising rules and the effect it could have on other similar sorts of enforcement.

Copyright May 1998, Crain Communications Inc.

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