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Comment by fisherjeff

3 years ago

Also, to be clear, it will eventually stack up and roughly even out as you amortize 1/5 of each of 5 years’ worth of R&D spend per year. Basically the part that sucks is that there was no 4-year phase-in period.

It doesn't even out if the company keeps growing - if your headcount is growing 50% per year you can have very significant tax drag.

  • I think you may have that backwards but yes. You are effectively always paying for expenses incurred 2.5 years ago.

    EDIT: Nevermind, you had it the right way.