Chicago Exempts Small Businesses From Cloud Tax - McDermott Will & Emery

Chicago Exempts Small Businesses From Cloud Tax

Overview


Stephen Kranz criticized Chicago’s new “cloud tax” imposed on digital and streaming services because it wasn’t legislatively adopted. “The question is: ‘Are these new business models, where you’ve got digital content being delivered, services or tangible goods?’ That’s a question that should be resolved by legislators,” Mr. Kranz asserted. Read the full article.