Chicago’s New ‘Cloud Tax’ Will Soon Hit Netflix Users


Stephen Kranz criticized Chicago’s new tax on streaming digital and cloud-based services, saying “we don’t tax services in this country, whether they’re legal, journalistic or accounting, and there are lots of economic and policy reasons for that.” Whether digital content is taxable is “a question that should be resolved by legislators,” Mr. Kranz continued, and because Chicago’s City Council didn’t authorize the tax he is encouraging clients to litigate. Read the full article