KPMG report: Regulations regarding digital content and cloud transactions
Analysis and observations on the final and proposed regulations
The U.S. Department of the Treasury and IRS on January 10, 2025, released final regulations regarding the classification of digital content and cloud transactions, as well as proposed regulations regarding the source of income from cloud transactions. Both the final and proposed regulations were published in the Federal Register on January 14, 2025.
Read a January 2025 report prepared by KPMG LLP that provides analysis and observations on the final and proposed regulations.