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A comment on Tell HN: Submit comments on IRS guidance to SEC 174 expenses. Parent comment

Re:Tell HN: Submit comments on IRS guidance to SEC 174 expenses by krupan on Saturday November 04, 2023 @01:43PM (#38143350)
"Intellectual property" is a huge misnomer and it should not indicate that software development is a "capital" investment.

If you disagree, I'm curious what you think about this: if the software you develop is all open source would you still call it a capital investment? Maybe it could be classified as a charitable contribution?

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Re:Tell HN: Submit comments on IRS guidance to SEC 174 expenses by pclmulqdq on Saturday November 04, 2023 @01:44PM (#38143361)
Yes, I would. Open-source doesn't mean "not intellectual property." It means "intellectual property open to everyone."
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Re:Tell HN: Submit comments on IRS guidance to SEC 174 expenses by krupan on Saturday November 04, 2023 @04:52PM (#38145006)
Lol! What even is property?
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