Washington § 84.40.037 - Valuation of computer software — Embedded software.

Full text of Washington Revised Code of Washington § 84.40.037 — Valuation of computer software — Embedded software., with citation guidance and answers to common questions.

§ 84.40.037. Valuation of computer software — Embedded software.

(1) Computer software, except embedded software, shall be valued in the first year of taxation at one hundred percent of the acquisition cost of the software and in the second year at fifty percent of the acquisition cost. Computer software, other than embedded software, shall have no value for purposes of property taxation after the second year.
(2) Embedded software is a part of the computer system or other machinery or equipment in which it is housed and shall be valued in the same manner as the machinery or equipment.
[ 1991 sp.s. c 29 s 4.]

Notes

Findings, intent—Severability—Application—1991 sp.s. c 29: See notes following RCW 84.04.150.

Related Washington Legal Topics

Frequently Asked Questions About Washington § 84.40.037

What does Revised Code of Washington § 84.40.037 cover?

Section 84.40.037 ("Valuation of computer software — Embedded software.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 84.40.037?

A common citation format is "Revised Code of Washington § 84.40.037" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 84.40.037 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Washington.