OT: Corporate madness - Adobe software to be subscription
Alastair Dent
alastair.dent at imgtec.com
Wed May 22 00:53:57 PDT 2013
I believe this is the same in the UK.
-----Original Message-----
From: framers-bounces at lists.frameusers.com [mailto:framers-bounces at lists.frameusers.com] On Behalf Of David Shaked
Sent: 21 May 2013 20:55
To: framers at lists.frameusers.com
Subject: RE: OT: Corporate madness - Adobe software to be subscription
An aspect I haven't seen mentioned in this thread: taxes
According to Israeli tax law, if I purchase a perpetual license for a software application, it's a capital expense. I have to depreciate the purchase over several years. I cannot deduct the full expense from this year's tax return.
If I pay a smaller fee for an annual subscription license, I not only smooth out the cost, but I can deduct the full amount in the current year.
Is the tax treatment the same in the US and other countries?
Truth in Advertising Disclosure: I am biased. I am a reseller for a software application that is sold mainly by subscription (WebWorks ePublisher). But I purchase other software by subscription, and I prefer it.
David Shaked (Wernick)
AlmondWeb Ltd.
http://www.almondweb.com
Technical Documentation * Web Development * Word and WebWorks Consultants
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