December 27, 2005

Proposed Tax Changes on Business Software

Here's an interesting article a reader sent me this weekend:

A state board is proposing a sweeping change to make computer software used in business subject to property taxes, a move that some business leaders contend could drive up costs and hurt job growth in Tennessee.

"This would be a significant chunk of change," said Hayes Ledford, the Chattanooga Area Chamber of Commerce’s director of public affairs.

Read the entire article.

Comments:

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is that window's software or software that the company developed it'self.

I am willing to be that the value of all the software where is a fair (over 50 pct.) chunck of the value of the entire property.

Posted by: cube at January 3, 2006 07:16 PM