So, about Chicago’s new cloud tax…
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Read the latest: Chicago may exempt startups from ‘cloud tax’Chicago may exempt startups from ‘cloud tax’

The cost of online business and entertainment in the city of Chicago is about to go up.

From the July 2 TribuneTribune article by reporters John Byrne and Amina Elahi:

“The added costs are the result of a ruling by the city Finance Department that extends the reach of ordinances governing two types of taxes — the city amusement tax and the city personal property lease transaction tax — to cover many products streamed to businesses and residents alike.”

Do you think this ruling will have a negative impact on Chicago’s technology startups?

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