It permanently changes Section 174 to allow full expensing of domestic software development once again, and makes that change retroactive in many cases.
It still requires 15-year depreciation of non-domestic software development expenses, so this will significantly advantage American software developers.
2 comments
[ 0.23 ms ] story [ 12.5 ms ] threadIt permanently changes Section 174 to allow full expensing of domestic software development once again, and makes that change retroactive in many cases.
It still requires 15-year depreciation of non-domestic software development expenses, so this will significantly advantage American software developers.