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A comment on Epic Games releases $12M worth of Paragon assets for free. Parent comment

Re:Epic Games releases $12M worth of Paragon assets for free by banned1 on Monday March 19, 2018 @11:58AM (#16619395)
Well, in this case Epic and whoever benefits from these assets are taking the Taxpayer for a ride. So this is a “convenient” incentive to Epic and others who use these assets (as opposed to inconvenient, as when it happens with [company not relevant to the SV echo chamber]).

A) Epic closes Paragon down

B) Epic opens Paragon assets

C) Epic deducts Paragon losses from their earnings, saving on federal taxes

D) Companies that build assets based on these assets do so while getting a nice taxpayer-enabled corporate welfare check.

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Re:Epic Games releases $12M worth of Paragon assets for free by pjc50 on Monday March 19, 2018 @12:25PM (#16619661)
C) would happen regardless of the other items.
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Re:Epic Games releases $12M worth of Paragon assets for free by banned1 on Monday March 19, 2018 @01:24PM (#16620479)
My understanding is that this happens when an asset is written off. I understand it would be either now [with the action], or over time [without this action]. Maybe a person with an accounting background can correct me so I can edit my comment. Thanks for bringing this potential issue up.
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Re:Epic Games releases $12M worth of Paragon assets for free by throwaway2048 on Monday March 19, 2018 @12:53PM (#16620004)
pretty much all corporate expendature is tax deductable.
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Re:Epic Games releases $12M worth of Paragon assets for free by banned1 on Monday March 19, 2018 @01:25PM (#16620502)
Software is an asset that depreciates over time. It's not an expenditure in the sense of when one spends money on, say, a trip, which would become an instant expense.
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