• boonhet@sopuli.xyz
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    13 hours ago

    or they have devalued to zero so they cannot be sold for tax purposes.

    Well that’s just stupid. In my country, if you sell property that’s been depreciated to zero (or lower than its sale price in general), you’re just supposed to record it as profit.

    Of course when you’ve depreciated something to zero and it’s not something like a car where it’s registered with the government, you could just give it away to employees or friends.

    • TIEPilot@lemmy.world
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      12 hours ago

      Technically they can do the same but its not worth the hassle. I could have been more clear on that in my OP.

      Case in point, we had a large HVAC fail. They wanted it hauled to the land fill. I thought what a waste, I’ll cut it up and take the condensers/copper to the scrappers and get a bunch of money and send it to HQ. I was already on the clock doing nothing and hoped to my us look good.

      Cut it up in less than an hour, took to the scrapper on my time on my way home. Walked out with a fist full of cash and the receipt. Deposited the cash and wrote a check for the amount I got and sent it to finance.

      I got is so much trouble for that. Finance didn’t want to deal w/ the paperwork. They went to their exec to complain to my exec and it was a shit show. Basically I was told we are a multi billion dollar corp and these small checks aren’t worth the labor to deal with.

      As for “giving it away” you would be fired by COB if they found out. Especially over 3rd party gear. Liability was their biggest concern. I have posted a few examples in other reply’s.

      Is it stupid, it is, I totally agree. But its incentivized to take the path of least resistance.

    • vext01@feddit.uk
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      12 hours ago

      The problem is, few employees or friends will want an enterprise grade server screaming in their house.

      The waste described above makes me sad. Surely parts of servers can be recycled.