What's the point, if there isn't a discount for paying upfront?
Will some people/businesses prefer this because it's not 'credit'—does AWS scrobble to your Credit Report in any country?
I am failing to see the appeal here...
Will some people/businesses prefer this because it's not 'credit'—does AWS scrobble to your Credit Report in any country?
I am failing to see the appeal here...
Reg. Section 1.461-1(a)(1) provides the following:
If an expenditure results in the creation of an asset having a useful life which extends substantially beyond the close of the taxable year, such an expenditure may not be deductible, or may be deductible only in part, for the taxable year in which made.
https://www.law.cornell.edu/cfr/text/26/1.461-1
If you buy 10+ months of AWS credits in December and have a Jan-Dec fiscal year, I'd argue that you bought "an asset having a useful life which extends substantially beyond the close of your taxable year"
Also on a technical note, this allowed for some nice internal data models/patterns that could be utilized in further use-cases
In a past life, I did some work with government clients who preferred to be charged up-front in a lump sum, because it was much easier for them to get funding for that than a recurring subscription.