Watch out for tax traps in the cloud

05/13/2013 | Network World

Businesses that use cloud computing need to be alert to tax aspects of a transaction because cloud services are subject to state and local taxation, says Reid Okimoto, senior manager for state and local tax at KPMG. In this question-and-answer session, Okimoto suggests questions to ask your cloud provider and flags issues to watch for regarding taxation of cloud services.

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