BREAKING TAX NEWS | IRS proposes regulations on transactions involving cloud computing and digital content

09 August 2019

The IRS has proposed regulations (REG-130700-14) addressing how cloud computing transactions are classified for purposes of the international provisions of the Internal Revenue Code. The regulations would modify the rules for classifying transactions involving computer programs and apply these rules to transfers of digital content. A Tax Alert on the proposed regulations is forthcoming.

Document ID: 2019-9013

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