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Think Progress: An Open Source Tax Credit

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

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"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..."

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