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Joined 1 year ago
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Cake day: June 25th, 2023

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  • I see “taxes” a lot but I have never seen someone explain the mechanism by which this is supposed to work.

    The only thing I can come up with in my head is that they have capitalized the development costs and are currently depreciating the resulting asset. And that by cancelling/delisting the games it may allow them to immediately depreciate the rest of it, thereby recognizing a large expense for the current tax year, reducing profit, and therefore taxes.

    Is that how this is supposed to work?