Software firms across US facing tax bills that threaten startup survival

Re:Software firms across US facing tax bills that threaten s... by agwa on Tuesday April 18, 2023 @11:30AM (#35615325)

I'm not sure if this is true, but I've heard that the Republicans needed ways to offset the tax cuts made by The Tax Cuts and Jobs Act of 2017. One of the ways was changing the treatment of R&E expenses.

[ Parent | on HN ]

Re:Software firms across US facing tax bills that threaten s... by mjwhansen on Tuesday April 18, 2023 @01:36PM (#35617169)

This is true - it was an accounting sleight of hand to make the tax cuts look paid for during Congressional Budget Office scoring

[ Parent | on HN ]