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Ransomware Payments Could Be Tax Deductible – Report
US organizations that choose to pay a ransom to their online extorters may be eligible to claim the money back from the Internal Revenue Service (IRS), it has emerged. A report from The Associated Press over the weekend cited tax lawyers and accountants who claimed the little-known clause could be a “silver lining” for ransomware victims. However, the deduction could also be seen as a further corporate incentive to pay up, encouraging more affiliate groups…
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