> Any accidental policy that disincentivizes R&D is stupid
The problem with section 174 is not that it disincentivizes R&D. These rules were already in place for R&D spending, and were generally welcomed by companies with actual R&D expenditures.
The problem with section 174 is that it essentially forces ALL expenditure on software development to be treated like R&D.
The problem with section 174 is not that it disincentivizes R&D. These rules were already in place for R&D spending, and were generally welcomed by companies with actual R&D expenditures.
The problem with section 174 is that it essentially forces ALL expenditure on software development to be treated like R&D.