Submission to Inland Revenue from the Digital and Technology sector – IRRUIP10
Inland Revenue (IR) are seeking to review the taxation treatment of software. NZRise, NZTech and AMS jointly submitted feedback as did Catalyst independently with a further emphasis on the treatment of Open Source software. Specifically IR are looking to review 3 key “issues”: When does software development expenditure give rise to “trading stock”? What treatment […]