So if company A pays company B to develop some software, that revenue for compan... | Hacker News

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		layer8 6 months ago \| parent \| context \| favorite \| on: The time bomb in the tax code that's fueling mass ... So if company A pays company B to develop some software, that revenue for company B (or rather, its profit) is still taxable? Then it makes sense I guess.

monkeyelite 6 months ago [–]

The revenue minus expenses is taxable, yes. And if the business itself makes no money, that means all of it was taxed through payroll.

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