Double Taxing the Cloud New cloud taxes in Idaho are further proof that it’s time to look for a standardized solution. The news hasn’t made waves in the wider media, but when I heard that Idaho might start taxing cloud services, it definitely made me sit up and take notice. If you haven’t read about it, the Wall Street Journal has a great breakdown of exactly what happened. Some of the details of the case really jump out. In particular, Idaho doesn’t normally tax services. That means an accountant in Idaho isn’t subject to sales tax, while a cloud provider
sales tax
Tax Issues In Cloud Computing Today, taking advantage of computing power has moved toward the subscription model away from the self-management and acquisition model. Through the subscription model, a business enterprise needs to tap into the skills of third-party managers in order to take advantage of the latest tools. The continuous evolution of cloud computing has provided many benefits to business, but it has also affected some of the present tax rules. Through cloud computing, accountants can access information and software anywhere, but location is an important consideration as regards taxation. Thus, there are challenges faced by cloud computing when
