Eversheds Sutherland Legal Insights (audio)

The IRS recently released proposed regulations under section 861 that address digital transactions. This Bottom Line videocast discusses: the proposed expansion of the scope of existing Treas. Reg. § 1.861-18, which focuses on the classification of transactions involving computer programs, to apply to all transfers of "digital content"; the sourcing rules applicable to such transfers; and Prop. Treas. Reg. § 1.861-19, which provides guidelines for classifying cloud transactions as either services or as a lease. Discover more of the latest legal news and topics discussed by our attorneys by subscribing to the Eversheds Sutherland Legal Insights Podcast Channel.