Is there some sort of Pareto principle that could be applied to reducing plastic intake? Can someone suggest a few easy steps that would cause >50% reduction in plastic intake, for those who don't have time to dig through the research, and can't make drastic life changes?
I'll offer "don't microwave in plastic containers" as a starter for ten.
Second might be "get a metal water bottle".
wood cutting board
First you have to make a profit (tax is on profits). Secondly, what this does is to limit your software development expenses for tax purposes in the current year because the development cost is seen as a capital cost that will be amortized over five years opposed to operating expenditure in the same year.
If you are a startup and not make profits, then the loss will be less in the current year, but either way, your tax liability is the same: $ 0.
So software development is moved from opex to capex.
A simple example to illustrate:
Say you had 100k revenue and 1 software developer you pay 100k per year.
Under the new law, you can only deduct 20k of the developer’s salary, so your profit is 80k, which you have to pay taxes on.
However, you have $0 in the bank because you earned 100k and paid out 100k in salary.
See how that is problematic?