204
Starbucks set up a new office. It's a 5-minute drive from the CEO's California home.
(www.businessinsider.com)
this post was submitted on 30 Jul 2025
204 points (98.6% liked)
News
37706 readers
1926 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It doesn't make sense because none of the other corporate employees are going to be there with him meaning it's no different than if he (or they) just worked from home to begin with. It's essentially the same as if they turned his home garage into an "office."
It makes sense from an accounting perspective: no deduction versus large deduction.
I agree it’s stupid from a practical perspective.
That doesn't really make sense because they're still spending that money. A $1M/yr business expense on a new office that gives you a $1M/yr tax deduction isn't putting you ahead financially.
What you're missing from the "no deduction" side is that they're also not spending additional money on new offices.
It makes more sense than having him commute via private jet like he used to
Wouldn't that be a business expense as well? I agree it's the more sane option, but they're both still insanely hypocritical options when compared to allowing remote work.
Yeah, it is. But if the CEO has a home office he doesn’t get a deduction.
Honestly I’m amazed he didn’t buy the office and lease it back to the company. That sounds like the sort of sleaze I expect from the C-suite
I just now realized you're referring to a personal deduction for a home office and not a corporate deduction for the home office. I see what you're getting at now and wouldn't be surprised if that were the case.
People don't understand how deductions work. A deduction doesn't mean the tax many pays for it.