Don't tax the cloud! | Cloud Computing - InfoWorld

Don't tax the cloud! | Cloud Computing - InfoWorld: "My good friend Joe McKendrick cites a recent survey of tax professionals at KPMG that concludes, frustratingly, that the "cloud is still so new that there still needs to be homework done on what may or may not be taxed." This kind of vagueness drives me nuts. Worse, it fosters a huge sense of financial uncertainty -- one most tech geeks don't even know exists -- around using cloud computing at all.

There are lots of opinions about whether the government has the authority to tax cloud computing. But there are no hard-and-fast laws, regulations, or court precedents to provide definitive answers as to whether cloud services can be taxed and, if so, what kind and for how much. If you're looking to deploy or use cloud computing, you could very well get a surprise tax bill or tax-based price increase at some point -- or not."

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