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Log in free →Prospective tax and why gaming companies are investing like crazy
0:40Prospective taxation is coming for gaming companies — so they're racing to park money in investments before it lands. A CA-adjacent conversation about how taxes reshape entire industries overnight.
Transcript
prospectively taxing you. So now prospectively taxing is whatever you have earned, you have to put it in retrospectively, yeah. Whatever you have earned. Yes, so what they are doing right now is they are trying to go out and have as many investments made so that they can put it under. But investment will not be counted as an expense, no? It will not be counted as an expense but it will also be not asked right now, right up front to be paid. It will be a maturity clause set up in that. So it's crazy that way. So they are putting a lot of money into these things. So gaming is an emergency.