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OBBB signed: Reinstates immediate expensing for U.S.-based R&D

(www.kbkg.com)
337 points tareqak | 2 comments | 05 Jul 25 00:24 UTC | HN request time: 0.454s | source
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tareqak ◴[05 Jul 25 00:36 UTC] No.44469188[source]▶
> Foreign R&D must still be amortized over 15 years
replies(2): >>44469232 #>>44470230 #
macinjosh ◴[05 Jul 25 00:46 UTC] No.44469232[source]▶
Awesome, this literally could not be better for American tech workers.
replies(5): >>44469256 #>>44469263 #>>44469547 #>>44469894 #>>44469934 #
Den_VR ◴[05 Jul 25 00:53 UTC] No.44469256[source]▶
So payroll for R&D is now entirely tax deductible? Businesses get to choose to pay taxes or do R&D for themselves?
replies(3): >>44469268 #>>44469316 #>>44469327 #
lazide ◴[05 Jul 25 00:55 UTC] No.44469268[source]▶
Either scenario taxes are paid - it’s just how and over what time period.
replies(1): >>44469351 #
1. tomrod ◴[05 Jul 25 01:13 UTC] No.44469351[source]▶
In the long run, we are all dead. 20% depreciation per year for any software developed is a burden for all but the largest of companies.
replies(1): >>44469739 #
2. bobmcnamara ◴[05 Jul 25 02:41 UTC] No.44469739[source]▶
This matched capex software.

Weird how the depreciation schedule changes based on how the software was acquired.