If your organization, like many, is shifting some systems and software needs to the cloud, you’ll want to make sure you’ve gotten advice from folks in the right, including your tax expert.
Most organizations forget to consider the tax implications of their cloud use and that oversight could have significant implications for costs and any potential savings cloud services might offer.
More than half (52%) of corporate tax execs recently queried by accounting giant KPMG reported they’re generally not included in cloud discussions with upper management.
But missing Tax’s point of view could created challenges with everything from nexus to withholding, state and federal taxes and service-level commitments from third-party providers.
Consider yourself warned.