IS 17/04
Issued
11 Apr 2017

Income tax - computer software acquired for use in a taxpayer’s business

This interpretation statement considers the income tax treatment of software for taxpayers who purchase, lease, licence, develop, or commission software for use in their business. It updates IS 16/01: 'Income tax - computer software acquired for use in a taxpayer’s business', (published in May 2016) to take account of changes to the Commissioner’s position on the deductibility of feasibility expenditure following the Supreme Court decision in Trustpower Ltd v CIR [2016] NZSC 91.