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Should restructuring charges be classified as an operating expense or as a nonoperating expense?

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Q: Restructuring charges be classified as an operating expense or as a nonoperating expense?
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Should restructuring charges be classified as an operating expense or as a non operating expense?

Non-operating I believe, because they are non-recurring


Are restructuring charges tax deductible?

No. Check out the below URL, type CTRL +F and enter in "restructuring" in case you are skeptical. http://www.business.uconn.edu/users/smf/deferred_taxes.htm


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