Sunday 1 July 2012

Tax Legislation Amid Rapid Tech Growth


The advent of cloud computing, which enables companies to operate without the support of ‘in-house’ resources, is an example says Louise Vosloo, head of international tax at Deloitte, who points out that this technology enables all IT resources, hardware and software to be managed by third parties in the cloud.

Those looking to implement cloud computing strategies therefore need to be aware of the legislation regarding the definition of a permanent establishment and consider several risks that could be associated with the technology.
Read more: http://goo.gl/T1Vej

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