Will Chicago’s Cloud Tax Stick? - McDermott Will & Emery

Will Chicago’s Cloud Tax Stick?

Overview


Stephen Kranz called Chicago’s new tax on cloud-based online services illegal, because it was created by city administrators and not approved by elected officials. Mr. Kranz predicted that “ at some point [the tax] will get upended … with the Chicago Tax Department concluding that it does not have the authority it claims and backing down from the position, or it will get upended when litigation is filed and a challenge brought to their position through the courts.” Read the full article