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When someone pays for labor to build an apartment building they profit off for decades, do they amortize that labor?
by cake_robot 1y ago
When someone pays for labor to build an apartment building they profit off for decades, do they amortize that labor?
- ksec 1y agoI think there is an argument that both could be valid. I wonder why we cant let the company decide to pick one over another and not be so fixated on one tax code to rule them all.
- triceratops 1y agoA comment I read in the thread here says the answer is "Yes". To which I have to say, that sucks.
- beezle 1y agoThat is production, not R&D. Basic research into, for instance, semiconductors may one day lead to the production of a new product. The R&D costs would be amortized, the eventual production costs would not.