Comment by lazide
2 days ago
Tax changes in Section 174 (both advantageous years ago, and terrible recently) also play a huge part.
That interest rates started to rise right when the tax changes to make it less advantageous happened? 1-2 punch.
2 days ago
Tax changes in Section 174 (both advantageous years ago, and terrible recently) also play a huge part.
That interest rates started to rise right when the tax changes to make it less advantageous happened? 1-2 punch.
Article covers that, 174 is US, changes are worldwide.
The US is the largest software dev market by far, and these changes ripple out. Outsourced dev costs still get the same tax treatment for US companies, so while reducing the costs reduces the problem for US companies, it doesn’t change that the problem exists.
This impacts all other markets.