Brokers, Realtors exempted from the Chicago cloud tax

  • The city of Chicago recently granted a cloud tax exemption to Realtors.
  • The tax would have amounted to about $250,000 to city coffers each year.
  • Chicago is one of the first cities to propose a tax on cloud computing.

Chicago brokers and Realtors will be exempt from the controversial city cloud tax that took effect Jan 1. The Chicago Association of Realtors (CAR) got the news in a letter last week from the city.