Well, presumably the claim would be that a factor in their not having taxable income was the fact that they didn't have to amortize their development cost.
Yeah; start-ups will start paying tax much sooner since salaries are the main expense in software development, and only a fraction can be deducted per year. The tax change must make things marginally more difficult for young companies that have some revenue, aren't cash-flow positive, and have a short horizon.
joshuanapoli|8 months ago
tomrod|8 months ago