There has been a lot of discussion in recent days objecting to the City’s recent announcement that it will continue to enforce a long-standing tax on the use of certain streaming and cloud-based technologies. This is primarily because the enforcement and collection of the tax would hinder the development of startups whose businesses rely upon or provide cloud computing and related services. Taxes like this would conflict with Mayor Emanuel’s agenda to make Chicago the premier location to develop new technology businesses, an agenda that the Mayor has pursued with great success over the past four years.
[Read more…] about 1871 Statement on Changes to Cloud-Based Technology Taxes in Chicago