Tax Code
topic on 4 shows · 5 statements across 5 episodes
Founder's Journal 
Sourcery 
Top Founders 
the a16z Podcast
5 statements about Tax Code, every show
Taxable investors can immediately depreciate 100% of data center capital expenditures
“The beauty of the recent tax changes is that for a taxable investor you have accelerated depreciation on data centers, so you can depreciate a hundred percent of your capex immediately and get a huge tax benefit. So there's some tailwinds to the sector because…”
Cannon-Brookes: Intuit's main value is prompting users with the right questions
“It's their process and their special ability is how to ask you the right questions to fill out the tax code rather than the filling out of the tax code.”
Nagpal: US tax code expands by 150,000 words annually
“It's growing by a 150,000 words a year, which is insane.”
Peck: M&A asset purchases impose 50% capital gains cost on sellers
“Unfortunately, buyers are set up so that they want to do an asset purchase, and an asset purchase then results in a 50% capital gains cost for the sellers. So, interestingly enough, our tax code is not designed to be particularly conducive to M&A.”
Constant regulatory changes make the tax code ideal for software automation
“And so I think tax is one of those areas that, that we feel are most conducive for software, right? Because the tax code, internal revenue code changes all the time. And it actually makes a lot of sense to, you know, to change and program that at the top level…”