Fed. Circ. Backs Actavis' $12M Patent Suit Cost Deduction

By Anna Scott Farrell · March 21, 2025, 12:11 PM EDT

Drugmaker Actavis can take a $12 million tax deduction for money it spent fending off lawsuits while securing approval to sell generic birth control and other drugs, the Federal Circuit ruled...

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Documents

Case Information

Case Title

Actavis Laboratories FL, Inc. v. US

Case Number

23-1320

Court

Appellate - Federal Circuit

Nature of Suit

210 Tax - Income, Corporate

Date Filed

January 04, 2023