Re:Amazon R&D spending is more than that of all companies an...
by testless on Monday January 15, 2024 @06:20PM
(#39007395)
I am really confused as to why this is considered as a tax break strategy. Operating costs directly lower earnings, where as R&D might have to be amortized over years - at least in certain european countries. Isnt this reinvesting in your business? Also spending (or donating) money lowers your taxes by lowering your earnings.
[ Parent
| on HN ]
Re:Amazon R&D spending is more than that of all companies an...
by hn_throwaway_99 on Monday January 15, 2024 @08:31PM
(#39008312)
There are specific R&D tax credits in the US tax code:
https://pro.bloombergtax.com/brief/rd-tax-credit-and-deducti...
Re:Amazon R&D spending is more than that of all companies an...
by robertlagrant on Monday January 15, 2024 @07:19PM
(#39007837)
Reinvesting in your business is something you get to do post-corporation tax.