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

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336 points tareqak | 1 comments | 05 Jul 25 00:24 UTC | HN request time: 0.329s | source
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ttul ◴[05 Jul 25 04:21 UTC] No.44470047[source]▶
Meanwhile, in Canada, not only can you expense R&D, but there is a cashable tax refund that will give you back about 60% of your developers’ salaries…
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sMarsIntruder ◴[05 Jul 25 05:59 UTC] No.44470397[source]▶
I hate to see this, but you’re comparing two completely different systems. Like it or not, but Canada is much more “socialist”, you can’t expect it in any case to be like US or viceversa.
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1. whatshisface ◴[05 Jul 25 07:06 UTC] No.44470676[source]▶
I saw a chart that added the market value of government support to income for US persons, and it used the term "household resources." I'd like to see a table of household resource distributions for Canada and the US.