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.

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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.