• 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
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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.


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