PPRuNe Forums - View Single Post - US Dept of Commerce slaps 220% tax on Bombardier c series
Old 23rd Oct 2017, 00:48
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CONSO
 
Join Date: Mar 2014
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In the United States, Generally Accepted Accounting Principles (GAAP) require companies to treat R&D as an expense in the year spent.
But do not forget to mention the miracle of " program accounting " virtually invented/used by Boeing.
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