Re:Software firms across US facing tax bills that threaten s...
by aarondf on Tuesday April 18, 2023 @04:41PM
(#35619770)
We're not talking about a tax credit at all though... We're talking about being able to deduct salaries paid.
A tax credit is usually an incentive, like if you spend 10k on solar panels you get to deduct the 10k and then the government might say "hey thanks for pushing renewable energy, deduct an extra 2k from your tax bill." That's a credit, which we're not discussing here.
A tax credit is usually an incentive, like if you spend 10k on solar panels you get to deduct the 10k and then the government might say "hey thanks for pushing renewable energy, deduct an extra 2k from your tax bill." That's a credit, which we're not discussing here.