Tech firms lobbied this change because they care about EBITA it makes their numbers look better

e40 3 days ago | parent | next [-]

My tax accountant said every one of his clients was freaking out about it. So, I have to disagree.

nerdponx 3 days ago | parent | prev | next [-]

If there was any lobbying incentive, it would be anticompetitive suppression of smaller companies that can't afford the tax increase.

throw__away7391 3 days ago | parent | prev | next [-]

This change has zero effect on your EBITA.

anonymars 3 days ago | parent | prev | next [-]

How would that make EBITA look better? (Even if you meant EBITDA, same question)

	▲	qaq 2 days ago \| parent [-]
		You are right reporting is via GAAP rules this only affects tax accounting

3 days ago | parent | prev [-]

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