- Membership
- Certification
- Events
- Community
- About
- Help
Foreign vendor providing software access and cloud storage
May 30, 2024
Q. If a Canadian vendor is providing a three-year software membership for access to a classroom and unlimited cloud storage, is this considered a service in Canada and no withholding or 1042 form is required?
A.
(Answered by IOFM's third-party tax experts)
A “cloud transaction” is understood to be a transaction through which there is on-demand network access to any of the following: computer hardware; digital content; or similar resources. A “cloud transaction” is characterized as either a…
Become A Member
Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!
Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know.
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.
What are you waiting for?
