Re:Tell HN: Submit comments on IRS guidance to SEC 174 expenses
by ianbicking on Saturday November 04, 2023 @05:12PM
(#38145161)
Yes, I should have been clearer that it's not that you can't make it on credit, but you can't use it as collateral. Firms usually buy capital, they don't build it with their own hands; this both means different financial instruments are available to them, and they can liquidate that capital.
(But as I said, my comment is kind of made up)