Are There Tax Breaks in The Cloud?
An interesting conversation broke out on Twitter yesterday during the Cloud Connect conference, when AT&T’s Joe Weinman (via a tweet from Jay Fry) noted that Netflix “treats reserved AWS instances as CapEx and depreciates them over 3 years.” Netflix has shifted much of the infrastructure for the streaming video portion of its business to Amazon Web Services, as described by Vice President of Systems Engineering Kevin McEntee in one of the keynotes at the Cloud Connect event.
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