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There's now a business loss of $12M on their books, so they're getting benefits on their next tax filing. That's where the real monetary value comes from.
by tonyhb 9y ago
There's now a business loss of $12M on their books, so they're getting benefits on their next tax filing. That's where the real monetary value comes from.
- icebraining 9y agoWhich is a small percentage of $12M.
- chii 9y ago> loss of $12M on their books this is really hard to quantify independently, and they can use this figure to inflate their losses to claim more taxation benefit than otherwise deserved. Why can't i say that I "lost" 12million developing my indie game, and therefore, claim some taxes off my casual contract work?
- deleted 9y ago[deleted]