Extracting tax value from the Internet-of-Things

Start adding items to your reading lists:
Save this item to:
This item has been saved to your reading list.

Why companies must consider tax up front when deciding on investments in IoT capabilities and services

As companies race to invest in IoT-enabled capabilities and offerings, many are still struggling to develop a robust and profitable business case for them. And all too often, one issue is that the tax aspects are not taken into account as part of the IoT value equation that drives the decision. This is a big mistake. Why? Because tax considerations can potentially make or break the value proposition for IoT investments. At a basic level, moving into IoT generally involves a fundamental transformation from selling products to selling services. This alone brings major tax implications, especially when the services are being sold across state and/or national borders.

Contact us

Emma Purdy

Global Digital Tax Leader

Brad Silver

NYM Region Tax Leader, PwC United States

Devin Yaung

Director, PwC United States

Follow us