Comment by phoehne
3 years 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.
3 years 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.
That's not how that works. The law is pretty explicit.
How is the IRS defining "development"?
I don't think it's the same as we do, and more akin to land development and improvement.
I 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.