cloud taxes

Chicago Sued Over 9% “Cloud Tax” On Streaming Services

Chicago Sued Over 9% “Cloud Tax” On Streaming Services

Back in July, the city of Chicago started levying an unpopular new tax on its residents: cloud services, including streaming media like Netflix, suddenly cost 9% extra. Neither denizens of the Windy City nor the businesses who serve them are at all happy with this, however, and now the lawsuits have begun. [More]

(Mike Matney)

Chicago Residents Now Stuck With A New 9% “Cloud Tax” On Netflix And Other Streaming Services

There used to be a whole world of brick-and-mortar retail stores and transactions a city could gather some sales tax from and build into a revenue stream. As more and more goods instead become online services, though, those streams have dried up. Now one city wants to go back to gathering its cash… from your transactions in the cloud. [More]