Valuation And Taxation Of Software

Valuation of software serves various purposes, including those related to taxation. The manner of valuing canned software, customized canned software and embedded software differs. The seller or licensor of the software is obligated to collect tax from the purchaser or licensee of the software and remit the same to the taxing authority. This includes software purchased or licensed and delivered online.

The following questions have been addressed in this article:

How is canned software valued?
How is customized canned software valued?
How is embedded software valued?


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