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Good news: Big beautiful Bill encourages US hiring only not offshore spending.


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No More Offshore. Startups Look to Spend and Hire in U.S. Due to Trump Tax Change.

Main provision for Companies R & D Spending as Tax Deduction:

Part of President Trump’s “one big beautiful bill,” the provision lets companies speed up tax deductions for spending on research and development starting this year. They can take the deductions in the same year as the expense—but only for U.S. spending. U.S. tax deductions for foreign spending, where salaries and other costs are often lower, must be spread over 15 years.

WSJ link

 

Posted

Cash Windfall From Trump’s Tax Law Is Starting to Show Up at Big Companies

Investors are watching boosts to free cash flow as estimates of tax savings trickle out

WSJ Link

Posted
42 minutes ago, paaparao said:

 

No More Offshore. Startups Look to Spend and Hire in U.S. Due to Trump Tax Change.

Main provision for Companies R & D Spending as Tax Deduction:

Part of President Trump’s “one big beautiful bill,” the provision lets companies speed up tax deductions for spending on research and development starting this year. They can take the deductions in the same year as the expense—but only for U.S. spending. U.S. tax deductions for foreign spending, where salaries and other costs are often lower, must be spread over 15 years.

WSJ link

 

 

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