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Fresh ideas on taxing the cloud

Roger Russell  |  October 9, 2019

By Roger Russell, includes “Cloud computing has not only transformed how businesses and people conduct their daily activities, it has also clouded the landscape for taxing such technological advancements. In 1998, the same year Google was founded, the Internal Revenue Service finalized the regulations governing the taxation of cloud computing transactions. With a reboot so clearly overdue, the IRS on Aug. 9, 2019, released its new proposed regulations on the classification of cloud transactions. …”

Read the full article on: Accounting Today

 
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