Seems like the main thing is rectifying what "research and development" entails and how it's taxed. Software development was grouped together with other kinds of development, which I believe would be traditional prototyping, modeling, and building test units (in a physical industry).
What I want to see is that they remove the "special case" rule for software from the line. Let us decide what is R&D and not R&D. Right now the new rule says "all" software is R&D and that is where our biggest problem lies.
Comments
Seems like the main thing is rectifying what "research and development" entails and how it's taxed. Software development was grouped together with other kinds of development, which I believe would be traditional prototyping, modeling, and building test units (in a physical industry).
What I want to see is that they remove the "special case" rule for software from the line. Let us decide what is R&D and not R&D. Right now the new rule says "all" software is R&D and that is where our biggest problem lies.