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

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369 points tareqak | 1 comments | 05 Jul 25 00:24 UTC | HN request time: 0.41s | 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(4): >>44469232 #>>44470230 #>>44472551 #>>44473206 #
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 #
beebmam ◴[05 Jul 25 00:54 UTC] No.44469263[source]▶
There's also H-1B (and other worker visa) restrictions/costs imposed. Overall, quite good for the American tech worker
replies(4): >>44469279 #>>44469313 #>>44469502 #>>44469758 #
Izikiel43 ◴[05 Jul 25 00:58 UTC] No.44469279[source]▶
Source?
replies(1): >>44469325 #
beebmam ◴[05 Jul 25 01:06 UTC] No.44469325[source]▶
Extra $250 fee for visa applications: https://judiciary.house.gov/media/press-releases/big-beautif...

3.5% remittance fees on sending money out of the US: https://www.globalimmigrationblog.com/2025/06/what-are-the-i...

Also (in above source), no ACA subsidies for H-1B visa holders (and others), which likely means employers they will have to pay more for health care if they want to cover their immigrant workers

replies(3): >>44469379 #>>44469750 #>>44469775 #
unmole ◴[05 Jul 25 02:50 UTC] No.44469775[source]▶
> 3.5% remittance fees on sending money out of the US:

The version of the bill that passed a 1% excise is applicable "only to any remittance transfer for which the sender provides cash, a money order, a cashier’s check, or any other similar physical instrument".

replies(2): >>44472231 #>>44472687 #
1. zhivota ◴[05 Jul 25 12:12 UTC] No.44472231[source]▶
Ok thank you I was really worried for a second. Capital controls are on the bingo card but I was hoping it wouldn't come yet.