Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Nadhani: Section 174 forces 15-year amortization for foreign software R&D

Pallav Nadhani · Indian SaaS, AI Wave, IPO & Best Country For Co. Registration | 2024 Insights With SaaS Founder · Aug 31, 2024 · at 1:05:59

Pallav Nadhani discusses US corporate tax regulations affecting startups utilizing Indian software development teams.

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“Us now has this new law called section one 74, where you cannot amortize. So your development expenses have cannot come in the P and L. It has to be amortized for 15 years.”

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