As a result of two rulings, each effective July 1, 2015, the city of Chicago will attempt to tax the “Cloud” more directly and comprehensibly than any other U.S. jurisdiction. On June 9, 2015, the Chicago Department of Finance (the “Department”) issued rulings regarding (1) the application of the city’s Personal Property Lease Transaction Tax (the “Lease Transaction Tax”) to nonpossessory computer leases and (2) the application of the city’s Amusement Tax (the “Amusement Tax”) […]
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A key U.S. Senate committee approved legislation that would authorize state governments to impose hefty taxes on Internet phone services. The Senate Committee on Commerce on Thursday rewrote a bill that originally was intended to shield the fledging voice over Internet Protocol (VoIP) industry from state regulation. Sen. John Sununu, R-N.H., had intended his legislation to reserve that authority to the Federal Communications Commission. His bill initially said that no state or local government “may […]