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United States | Treasury releases guidance package on classifying and sourcing digital content and cloud transactions

|Tax Alerts, Technology, Legislation & ...|United States
United States

  • The 2025 Final Regulations adopt a new "predominant character" test for characterizing digital content and cloud transactions with multiple elements, introduce a new sourcing rule for sales of electronically transferred copyrighted articles that is based on the customer's billing address and provide several examples of common digital content and cloud business models.
  • The 2025 Proposed Regulations…

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