Even Corporate Tax Experts Are Confused By Cloud Tax Implications

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by wochit

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While business leaders are excited about the new business opportunities cloud is bringing about, most are in a fog when it comes to tax credits and liabilities for cloud-based business. Tax strategies and implications -- a murky and confusing area -- have always been the domain of corporate tax experts. But there have always been hard-and-fast rules for treatment of capital investments versus operational expenses.

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