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Re:Software firms across US facing tax bills that threaten s... by chrischen on Tuesday April 18, 2023 @11:34AM (#35615397)
The US was practically founded on principle of refusal to pay unfair taxes. As the article suggests some are just filing incorrectly, what are the real risks and consequences of this?
Re:Software firms across US facing tax bills that threaten s... by dennis_jeeves1 on Tuesday April 18, 2023 @11:48AM (#35615615)
>The US was practically founded on principle of refusal to pay unfair taxes

What exactly is a fair tax?

Re:Software firms across US facing tax bills that threaten s... by yonaguska on Tuesday April 18, 2023 @02:16PM (#35617709)
By the founders definitions? At least 90 percent of the taxes we pay are not fair.
Re:Software firms across US facing tax bills that threaten s... by mellavora on Tuesday April 18, 2023 @03:41PM (#35618994)
What percentage of the services provided by today's government were not around at the founding?

I'd very much like to see government downsize, but if you want to pay taxes at the level at which the country was founded, you also have to restrict government activity to that level.

Not sure if that is tenable.

Re:Software firms across US facing tax bills that threaten s... by dennis_jeeves1 on Tuesday April 18, 2023 @05:43PM (#35620710)
I was thinking more along lines of 100% ... But hey, point taken taken, we are generally in agreement.
Re:Software firms across US facing tax bills that threaten s... by olyjohn on Tuesday April 18, 2023 @02:17PM (#35617721)
Any tax others have to pay, that I don't.
Re:Software firms across US facing tax bills that threaten s... by jokethrowaway on Tuesday April 18, 2023 @02:28PM (#35617907)
No tax is fair. They're all involuntary transactions.

The US is the textbook experiment which proves that even minarchy (a minimal government) can't work.

All form of governments, no matter how small, tend to grow into huge socialist monsters (the usa is the largest employer in the world, second only to China, maybe).

Even if that very first government was founded on not collecting very little taxes for this very reason.

Re:Software firms across US facing tax bills that threaten s... by mschuster91 on Tuesday April 18, 2023 @02:39PM (#35618080)
> All form of governments, no matter how small, tend to grow into huge socialist monsters (the usa is the largest employer in the world, second only to China, maybe).

The USA have 330 million citizens and 10 million people without valid residency, in total something around 340 million citizens. The public sector clocks in at 15%, which includes the military and USPS. That is, seriously, not much.

[1] https://www.brookings.edu/policy2020/votervital/public-servi...

Re:Software firms across US facing tax bills that threaten s... by hartator on Tuesday April 18, 2023 @03:19PM (#35618706)
U.S. total public spending is around 40% of the GDP. [1]

[1] https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/...

Re:Software firms across US facing tax bills that threaten s... by mschuster91 on Wednesday April 19, 2023 @06:25AM (#35626447)
So what? It's not like that money is lost. It ends all back in the economy because people spend their wages.
Re:Software firms across US facing tax bills that threaten s... by logicchains on Wednesday April 19, 2023 @07:48AM (#35626987)
Money is just paper. The _value_ is lost; if the government buys itself a banana, that's one less banana available to the people.
Re:Software firms across US facing tax bills that threaten s... by hinkley on Tuesday April 18, 2023 @04:25PM (#35619546)
It's sort of like how when developers learn how much they cost the company per hour and they get mad about how they don't get to take more of that home.

Well, say you work at a company with 100 developers. That's who's making the stuff. Everybody else is there to make sure the stuff gets made. There's a manager for every 6-8 developers (13-17), and there's a couple managers for those managers. Add in HR and you're already up to about a 25% overhead and we haven't talked about equipment and buildings and customer management and advertising and litigation and taxes and so on and so forth.

Re:Software firms across US facing tax bills that threaten s... by chrischen on Wednesday April 26, 2023 @02:30AM (#35710184)
Whatever the consensus is.
Re:Software firms across US facing tax bills that threaten s... by dennis_jeeves1 on Wednesday April 26, 2023 @05:28AM (#35711280)
Good, let tax some minority/marginalized section of the society so that their living becomes hell.
Re:Software firms across US facing tax bills that threaten s... by ceejayoz on Tuesday April 18, 2023 @03:20PM (#35618714)
> The US was practically founded on principle of refusal to pay unfair taxes.

Unfair because of lack of legislative representation. One can get into a debate over gerrymandering and whatnot, but American voters most certainly aren't an overseas colony under an unelected king/queen anymore. There is non-rebellion recourse available to citizens if they don't like a tax.

The newborn country (including President Washington himself at the head of the army) very rapidly demonstrated it wouldn't accept "we don't like the tax" as an argument from represented citizens. https://en.wikipedia.org/wiki/Whiskey_Rebellion

Re:Software firms across US facing tax bills that threaten s... by taxopinion on Tuesday April 18, 2023 @04:35PM (#35619677)
> As the article suggests some are just filing incorrectly, what are the real risks and consequences of this?

Provided you never used an R&D tax credit, none.

But if you did, with a huge templated report report about software R&D, you have a verbatim provable record of doing R&D expenses. And those reports, they come from 10 different vendors who all use the same words and formatting. The IRS could easily solve one case and get everyone.

Re:Software firms across US facing tax bills that threaten s... by ilandsman on Tuesday April 18, 2023 @04:56PM (#35620004)
Just to clear this up, this change is unrelated to if you've taken the R&D credit. You should take it as it slightly helps offset this change, but regardless the calculation applies to dev salaries and costs without regard to if you've actually taken the R&D credit.