Global

Details

  • Service: Advisory, Management Consulting
  • Industry: Technology
  • Type: Survey report
  • Date: 2/5/2013

From liability to opportunity 

Cloud user
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.

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.


"Getting strategic tax advice should be a critical step in the cloud planning process."

- Steven Fortier, KPMG in the US


Cloud infographic

¹ Tax in the cloud survey report, KPMG Institute, 2012

 

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