Comment by Anon1096
5 days ago
Software that is sold as a service and requires ongoing maintenance like running in the cloud (and people to keep it running in the cloud) is opex not capex. Google Search is most definitely opex.
5 days ago
Software that is sold as a service and requires ongoing maintenance like running in the cloud (and people to keep it running in the cloud) is opex not capex. Google Search is most definitely opex.
There was some accounting changes passed during the Biden administration’s funding bill that made it capex for a few years. It’s been rolled back in the Trump administration’s bill and I suspect no one will ever let it happen again.
Those changes were passed during the first Trump administration by a Republican congress, though they didn't go into effect until Biden was in office.
https://kpmg.com/kpmg-us/content/dam/kpmg/pdf/2023/tcja-chan...