Belgium

Details

  • Service: Advisory, Management Consulting
  • Type: Business and industry issue
  • Date: 05/02/2013

The cloud takes shape 

KPMG’s report, The cloud takes shape, finds that a high portion of respondents believe that the tax implications of cloud adoption play a role in the cloud decision-making process.
The cloud takes shape
Download Now
PDF files require Adobe Reader to view

However, the data also indicates a sizable disconnect between the business' awareness of tax and its willingness to include the tax department in the cloud planning process. Indeed, in a recent survey of tax professionals in the US¹, less than half of all companies include their tax department in up-front discussions on cloud initiatives.

 

Making tax a strategic priority
According to analysis by Steven Fortier, a Principal with KPMG in the US, getting strategic tax advice should be a critical step in the cloud planning process. He adds that there are significant tax implications in how cloud service agreements are contracted and structured that must be considered and managed.

 

Share this

Related links

  • Subscribe to related feeds