How About Tax Credits for Cloud Computing?
I wrote earlier about an IDC report that mentioned Cloud server revenue will grow to $9.4 billion in the US by 2015. This is up from a little more an estimated $4 billion this year.
What if companies were to be issued a 100% tax credit for such a purchase?
To be sure, purchase of these servers would already be included as a capital expenditure, to be deducted from profits over a period of years. A million dollars worth of hardware, depreciated over five years, means that $200,000 per year is not subject to taxes…


Okta, a San Francisco-based startup specializing in on-demand identity and access management service for enterprises using cloud computing, has closed a $16.5 million round of venture financing.