Tip #2: Software is NOT taxable as business personal property unless it is inventory.
The Official Code of Georgia (48-1-8) defines computer software as:
“ any program or routine, or any set of one or more programs or routines, which are used or intended for use to cause one or more computers or pieces of computer relate peripheral equipment, or any combination thereof, to perform a task or set of tasks. Computer software shall include operating and application programs and all related documentation.”
Software is only considered taxable if it is held as inventory ready for sale at retail.
Taxable?
NO Microsoft Office software is purchased and installed on company computers for work
purposes.
purposes.
YES Wal-Mart sells Microsoft Office software in its retail stores for consumers.*
*With the passage of HB 41, retail inventory may no longer be taxable in the near future.
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