← Back to context

Comment by g42gregory

3 years ago

This calculation will apply with any level of profitability. The tax simply goes up. My questions is how the large software development companies (Google) are dealign with this? It would be $10s of billions of extra tax for each of them. We didn't hear the outcry. If they were to pay extra $10s of billions, presumably they could get the whole country up in arms quickly. Maybe this relates only to the portion of software development that us declared as an R&D expense? The regular software engineers' salaries would be the cost of goods/services sold?