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    Bill Ricker (bricker@fosstodon.org)'s status on Wednesday, 06-Aug-2025 04:07:44 JSTBill RickerBill Ricker
    • Thomas 🔭🕹️
    • Dr. Matt Lee (1800www.com)
    • mausimus
    • Veronica Explains

    @thomasfuchs @mattl @vkc @mausimus

    often it's tax accounting, iirc?
    (unintended consequences of depreciation of assets vs expensing of minor CAPEX, it's easier to destroy it than to find a buyer who'll pay a nominal value, establishing value below depreciated value carried on books, to enable immediate write-down)

    In conversationabout a year ago from fosstodon.orgpermalink
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