Apr 14, 2016

Policy Voices: Chicago Modifies Cloud Tax

Plagued with negative comments and controversy over the issuance of a revenue ruling  that expanded the enforcement of the Chicago Lease Transaction Tax to various web-based subscription services, and to the access and use of computers and software in the cloud, the Chicago Department of Finance (“Department”) has now explained its position, along with some changes to the law and its enforcement procedures, through the issuance of a new Information Bulletin.