tax filing tagged posts
December 14, 2010 New Zealand Taxation
The Inland Revenue Department has issued a notice, warning taxpayers and business owners that the use of cloud computing for record keeping could potentially be against national tax regulations.
On December 13th the Inland Revenue Department (IRD) issued a Revenue Alert concerning taxpayer’s record keeping obligations in regards to the spreading use of cloud computing services. A warning was given that the technological intricacies of cloud computing might result in taxpayers inadvertently breaching regulations.
Cloud computing is an internet-based technology service whereby the user is able to access storage space, software, networking elements, and processing power over the internet...Read More