Tax benefits-Azure

Raquel Dragalzew (N3, LLC) 6 Reputation points
2020-12-14T15:42:58.217+00:00

Hi everyone,

I have a customer who has asked the question below:

Can the azure costs (Data Warehouse, Blob, Storage accounts, NSG, Data Transfers, ADF) that I am incurring today be tax-deductible? If I bought these for on-prem operations, I would have capitalized them and the taken deductions on either #1 depreciation OR #2 R&D type usage.

I really appreciate any help you can provide.

Azure Cost Management
Azure Cost Management
A Microsoft offering that enables tracking of cloud usage and expenditures for Azure and other cloud providers.
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