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Meta spent $4.3 billion on its VR division in three months, and made checks figures $440 million in return (www.pcgamer.com)
submitted 2 years ago by to c/technology@lemmy.world
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[–] 5 points 2 years ago* (1 child)

And you still have the value, nobody takes it away from you and you propably can sell it without loss which makes it still a good deal.

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  • [–] 8 points 2 years ago

    Of course it's better than not having the write-off. But it's not like it's free.

    Business expenses aren't profit so they aren't taxed because it's money you didn't actually make.

    Since most businesses operate on a small margin, removing tax deductions would make tax burdens higher than profits.

    And it's not like that camera lens isn't being taxed. I'm buying it from a company that pays taxes on its profits and payroll and whose employees pay taxes, and on top of that I'm paying sales tax (to a different entity of course).

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