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That's not necessarily the case. Corporations also love pre-tax operating expenses much more than depreciating capital expenditure. A lot of "cloud business" is moved by this simple accounting reality, rather than any technical benefit: renting AWS time might cost more than buying a server, but because the server is depreciating cap-ex, for your CFO it's actually the cheaper option.

Miracles of finance, eh.



Miracles of tax distortion, you mean.




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