Indiana: Software Purchased Pre-July 2018 Deemed Exempt Because No Possessory Interest

In two separate memoranda of decision involving different taxpayers, the Indiana Department of Revenue held that both taxpayers were entitled to refunds of Indiana sales tax paid on certain transactions with various software vendors for purchased software services that occurred prior to July 1, 2018, because the facts showed that they did not acquire a possessory interest in the vendors’ software.

Source Deloitte

 

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