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The One Big Beautiful Bill approved by Congress allows immediate deduction of US software labor; foreign R&D still must be amortized over 15 years


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2025-07-04 21:51:45
milo
Policy / Governance

KBKG:

The One Big Beautiful Bill approved by Congress allows immediate deduction of US software labor; foreign R&D still must be amortized over 15 years  —  Today, the House passed the Senate's version of the “One Big Beautiful Bill Act” (OBBBA), marking a significant overhaul to federal tax policy.




KBKG:

The One Big Beautiful Bill approved by Congress allows immediate deduction of US software labor; foreign R&D still must be amortized over 15 years  —  Today, the House passed the Senate's version of the “One Big Beautiful Bill Act” (OBBBA), marking a significant overhaul to federal tax policy.



Source: TechMeme
Source Link: http://www.techmeme.com/250704/p12#a250704p12


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