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Moving tax to the cloud: A financial perspective

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There are many benefits to cloud-hosted (SaaS) technology. Volumes have been written extolling the sweeping impact of cloud technology on the corporate enterprise — from agility to scalability to speed. But what is the effect on the bottom line? How does cloud-hosted indirect tax technology impact the budget? Does it only impact the IT department’s budget, or is the tax department’s budget also affected? Let’s break it down.

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