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Essentially, there seem to be significant tax, accounting, and general financial incentives associated with office space and expenditures that come with it. Tak
by wahsd 11y ago
Essentially, there seem to be significant tax, accounting, and general financial incentives associated with office space and expenditures that come with it. Take, for example, during the recession, special corporate tax rules were set in place that rewarded and essentially subsidized capital expenditures and allowed for accelerated write-downs.
Those are not necessarily solely financial incentives, but they function to compound and combine with already established systems of corporate organization, personnel structures, and general status quo operations and processes. In that scenario, the co-located work paradigm was not only supported and strengthened where remote working was not, but it also set an expectation that thar be government breast milk in tumultuous times.
I am no corporate tax, accounting, or financial expert; but what I can say is that it seems to be the forest that can't be seen for all the trees.