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by walterbell 386 days ago
Among other reasons, 2022 Section 174 tax changes require 15 years of depreciation for non-US software engineering ("R&D") expenses, vs 5 years for US workers, https://hn.algolia.com/?query=Section%20174. There's currently a proposal in Congress to restore US R&D tech worker salary depreciation to one year, for the 2026-2030 period.
1 comments

What does this mean in practice? Wouldn't companies just jump through the bureaucratic hoop to hire people for a third of the prices?
Does the company in question have cash flow for 15 years of advance tax payments?
If someone in the US is 3x the price does the company in question have cash flow for 5 years of advance tax payments?
If they are a startup on the "Who's Hiring" page, that depends on whether they have US investors.
Huh?