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Offshore labor is already penalized: For tax purposes under Section 174, costs for US devs must be amortized over 5 years, while costs for offshore devs are amo
by cucho 2y ago
Offshore labor is already penalized: For tax purposes under Section 174, costs for US devs must be amortized over 5 years, while costs for offshore devs are amortized over 15 years.
- toomuchtodo 2y agoAnd yet, many firms continue to offshore to Central America, South America, Eastern Europe, and India for technology labor (Africa as well for ML/AI data labeling). Lots of room for policy to run here.
- bdangubic 2y agoThis assumes that your off-shore is doing CAPEX work...