In The news


Samantha Breslow Discusses Chicago’s “Cloud Computing Tax” with Bloomberg Law News

Bloomberg Law News 09/16/2019
A white background with a hummingbird in flight.

Auditors in Chicago have been aggressively asserting that businesses have tax duties under the "cloud computing tax" because of their economic presence, or the volume of business they conduct within the city.

In an article by Bloomberg Law News titled "State of Wayfair: Economic Thresholds Sneak Into Chicago Audits" by Michael J. Bologna, Samantha Breslow explains that the problem is that Chicago's tax ordinances have never folded in economic nexus or economic presence.

"At this point the city has not defined a nexus standard. But because they have not adopted a similar standard within their ordinance, it remains in doubt whether they have the ability to adopt a nexus standard similar to Illinois."

Samantha spoke further about this issue in a previous blog post.

Read the full Bloomberg Law News article here (subscription required).

500 West Madison Suite 3700
Chicago IL 60661

Phone: 312-606-3200 Fax: 312-606-3232
© HMB Legal Counsel 2024. All Rights Reserved.