I see “taxes” a lot but I have never seen someone explain the mechanism by which this is supposed to work.
The only thing I can come up with in my head is that they have capitalized the development costs and are currently depreciating the resulting asset. And that by cancelling/delisting the games it may allow them to immediately depreciate the rest of it, thereby recognizing a large expense for the current tax year, reducing profit, and therefore taxes.
Is that how this is supposed to work?
NYTimes reports that IDF claims Hamas killed them shortly before they were found. I thought I recalled seeing elsewhere that they were claimed to have been shot, but I can’t find that source at the moment.
Of course, how credible is the IDF?