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Re:The time bomb in the tax code that's fueling mass tech la... by cake_robot on Friday June 06, 2025 @06:22PM (#44205607)
When someone pays for labor to build an apartment building they profit off for decades, do they amortize that labor?
Re:The time bomb in the tax code that's fueling mass tech la... by ksec on Friday June 06, 2025 @07:04PM (#44205930)
I think there is an argument that both could be valid. I wonder why we cant let the company decide to pick one over another and not be so fixated on one tax code to rule them all.
Re:The time bomb in the tax code that's fueling mass tech la... by triceratops on Friday June 06, 2025 @08:22PM (#44206358)
A comment I read in the thread here says the answer is "Yes". To which I have to say, that sucks.
Re:The time bomb in the tax code that's fueling mass tech la... by beezle on Friday June 06, 2025 @09:55PM (#44206787)
That is production, not R&D. Basic research into, for instance, semiconductors may one day lead to the production of a new product. The R&D costs would be amortized, the eventual production costs would not.