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My guess is they'll treat it like repairs and improvements on physical equipment. Fix a broken calculation, that's opex. Add an API for better Google integrat
by phoehne 4y ago
My guess is they'll treat it like repairs and improvements on physical equipment. Fix a broken calculation, that's opex. Add an API for better Google integration, that's capex.
- citizenkeen 4y agoThat's not how that works. The law is pretty explicit.
- verdverm 4y agoHow is the IRS defining "development"? I don't think it's the same as we do, and more akin to land development and improvement.
- phoehne 4y agoI think that will actually be decided by IRS interpretation. I can’t imagine an administrative judge would have that narrow a view, given the way other assets are treated.