Linux Today: Linux News On Internet Time.
Search Linux Today
Linux News Sections:  Developer -  High Performance -  Infrastructure -  IT Management -  Security -  Storage -
Linux Today Navigation
LT Home
Link to Us

More on LinuxToday

Think Progress: An Open Source Tax Credit

Mar 20, 2006, 01:00 (5 Talkback[s])
(Other stories by Carl Malamud, John Irons)

"If you're a corporation and you develop software, you deduct your costs from your taxes. And, in many cases, you can take an R&D Tax Credit. But if you're an individual and you develop open source software--i.e., Firefox or WordPress--you eat those costs.

"Individuals developing open source software should have the same tax incentives as corporations, which is why we've developed a proposal for an Open Source Tax Credit..."

Complete Story

Related Stories: