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

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334 points tareqak | 1 comments | 05 Jul 25 00:24 UTC | HN request time: 0s | source
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rufus_foreman ◴[05 Jul 25 00:39 UTC] No.44469204[source]▶
Actual title is "House Passes Tax Bill Sending to President for Signature – Details Inside".
replies(2): >>44469614 #>>44469682 #
1. tareqak ◴[05 Jul 25 02:31 UTC] No.44469682[source]▶
I came across the article on Techmeme, and they used the following title: “President Trump signs the One Big Beautiful Bill, which allows immediate deduction of US software labor; foreign R&D still must be amortized over 15 years”.