United States

Accounting Methods and Credits Implications of Cloud Computing

Jun 26, 2013 | 02:00 PM EDT
From KPMG TaxWatch

Launch webcast

Cloud computing is a critical force in transforming business models and is being adopted widely by companies across all industries. Given the lack of clarity over the tax treatment of cloud transactions, users and providers of cloud computing services need to plan their activities carefully to manage their exposure while gaining the desired benefits of adopting cloud. There are a number of select domestic income tax issues and opportunities related to doing business in the Cloud that can help to increase your return on cloud-related investments.


This TaxWatch webcast is part of the ongoing series of events highlighting the tax considerations inherent in providing or consuming cloud services as part of your business. Professionals from KPMG’s Accounting Methods and Credits Services practice provide an overview of how cloud computing is changing the business model and highlight the key domestic tax opportunity areas and considerations for companies developing business models in the cloud including:


  • Revenue and expense recognition
  • Operating vs. capital expenditures
  • Domestic Production Activities Deduction (DPAD/§199)
  • R&D incentives
  • Sustainability incentives