Cloud Transactions: A Survey of Six Countries in Southeast Asia

Businesses increasingly rely on cloud computing services, but currently there is scant guidance on the tax treatment of these transactions. In this article, we discuss the characterization of Cloud Transactions in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam under generally applicable tax principles and we encourage the OECD to publish guidance promoting common tax treatment for Cloud Transactions across the globe. Given the vital importance of the cloud computing industry, a clear set of generally applicable rules would be a welcome development.

Cloud Computing

Cloud computing has changed the way that businesses operate and was likened to the Industrial ...