4 ms·
Well presumably that 1.25B is mostly engineering salaries since its "research and development" (for tax purposes where they probably get huge write offs). Anyw
by StillBored 4y ago
Well presumably that 1.25B is mostly engineering salaries since its "research and development" (for tax purposes where they probably get huge write offs).
Anyway, they need that org to get their 1.8B in "cost of revenue" down, which is presumably mostly the cost of massive server farms to store what are mostly text mesages. Although these days with all the machine learning/etc to sell ads they probably "needs" all that hardware to run their models and can't just optimize it down to a higher perf system painting web pages.
- LegitShady 4y ago>mostly engineering salaries If the salaries are towards specific operational roles they'd be listed under "cost of revenue". If the salaries were for general duties not specific to an operational role they'd be under "general and administrative". Research and development needs to be for research and development. It could be for engineering salaries but those salaries would be towards research and development rather than operational duties.
- StillBored 4y agoGeneral engineering usually falls under the "development" category. The details may be state/country dependent. That said, even in stricter jurisdictions I know for sure that companies tend to group their engineering resources in such a way that they aren't justifying individual engineers (except maybe WRT timesheet filing) rather a bunch of people working on a "project" which meets the definition all get lumped together for purposes of R&D. Random google search, talking about how broad this can be: https://www.mossadams.com/articles/2021/03/company-qualifications-for-the-r-d-tax-credit https://www.mossadams.com/articles/2021/03/company-qualifica...
- missedthecue 4y agoWhat's the point of a tax write off if you lose $200 million a year?