Re:Ask HN: Have we screwed ourselves as software engineers?
by jscheel on Wednesday May 04, 2022 @11:09AM
(#31261568)
Opex is fully deductible each year the expense occurs, wheras capex requires amortized depreciation over the life of the purchased item. Makes it harder to calculate taxes.
Re:Ask HN: Have we screwed ourselves as software engineers?
by jannes on Wednesday May 04, 2022 @03:54PM
(#31265008)
Should we call it Amortisation as a Service (AaaS) then?
Is that really the only benefit?
Re:Ask HN: Have we screwed ourselves as software engineers?
by jscheel on Wednesday May 04, 2022 @04:06PM
(#31265139)
I mean, I'm not a bean counter. I'm just guessing that's why they like it.
Re:Ask HN: Have we screwed ourselves as software engineers?
by morelisp on Wednesday May 04, 2022 @11:40AM
(#31262034)
It's not a tax thing, long-term leases or colocation is a liability for acquisitions. (You could also build a revenue-positive company, but that's the loser way out, apparently.)
I'm not a bean counter, all I know is those guys at my last job would rattle off about it like zombies. IIRC its a tax thing