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Comment Re:Tax Implications? (Score 1) 325

From the FAQ from the FASB:

Q: Does the statement change US TAX Law?

A: No. US Tax Law is established by the US Government. This statement has no impact on either federal or state tax law.

Basically, the tax you calculate and pay is based on tax laws, wich are different than FASB standards. The tax liability is brought back into the balance sheet, but it's calculated spearately, for tax purpouses.
User Journal

Journal Journal: Closed source as efficency: As promised.

Closed source WORKS. Deal with it. Here's why:

In a standard economic model, a person makes something (a pice of code, a shoe, a car, whatever). Now, in a macroeconomic sense, that person is required to be compensated for their effort. The easiest, most direct model of compensation is money. That money, which exists as an abstract of value, allows that person to redeem their efforts for other items they require (food, clothing shelter). Now, here's the problem with the Open source mode

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