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States are Looking for Tax Dollars in the Cloud
Posted by Kristen Shepley on Mon, May 21, 2012 @ 09:39 AM

Businesses Selling SaaS Services and Products are Facing Uncertainty Over the Taxation of Their Income

Cloud computing technology is playing an expanding role in our technology-driven economy, but no state has issued direct guidance on the taxation of income earned from a cloud computing model. Businesses employing this rapidly growing model are facing uncertainty over the taxation of their income and at the same time, state fiscal concerns create incentives for states to analyze the cloud computing environment for additional tax revenue.

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Topics: State tax, economic nexus, factor presence nexus

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