zlacker

>>nemanj+(OP)
This is a rather depressing graph, what happened in 2022-2024?

>>anders+x41
The tax change that causes companies to have to weirdly treat developer salaries as some sort of asset such that they can only write off 20% of it per year. Outcome of this is killer for startups and causing a huge issue everywhere.

Bottom line: If a company makes $1MM in revenue and pays $1MM in salary, they owe taxes on $800k profit. Yes, this is actually the law now.

>>lubuja+9c1
How do non-developer salaries affect those taxes?

(In 2024, if a company paid salaries for a software developer, a novel writer, and a cook, does each of those 3 positions affect taxes in the same way?)

>>neilv+YD1
They're unaffected - the law specifically applies to software development:

    (c) Special rules.
    (3) Software development. For purposes of this section, any amount paid or incurred in connection with the development of any software shall be treated as a research or experimental expenditure.

(c.1 and c.2 are the opposite - carveouts for land acquisition and fossil fuel and mining exploration)