Section EZ 20 — Income Tax Act 2007: Adjusted tax value for software acquired before 1 April 1993

EZ 20 Adjusted tax value for software acquired before 1 April 1993 What this section applies to (1) This section applies to any of the following items for the acquisition of which a person was allowed a deduction before 1 April 1993: (a) the copyright in software: (b) the right to use the copyright in software: (c) the right to use software. Meaning of adjusted tax value (2) The adjusted tax value of the item is its cost to the person minus all deductions that the person was allowed for it. Defined in this Act: acquire , adjusted tax value , Compare: 2004 No 35 s EZ 19