How does one tax the cloud?

February 2012
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How does one tax the cloud?

At a glance

From a tax perspective, client service professionals must stay informed about potential changes in state tax policies regarding the tax treatment of the various cloud computing platforms.

Cloud computing is poised to become one of the largest revolutions in this era for the IT industry. From a tax perspective, professionals must stay informed about potential changes in state tax policies regarding the tax treatment of the various cloud computing platforms. 

Further, tax professionals need to stay informed of cost-saving tax exemptions when client cloud computing providers are looking to expand operations. 

By being aware of the various tax issues surrounding the cloud, tax professionals will be better prepared to weather the storm of state taxation that is sure to come.