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McDermott Will & Emery

Chicago Mayor’s Tax-Heavy Budget Passes: Lease and Amusement Tax Implications

McDermott Will & Emery on

Last week the Chicago City Council approved Mayor Rahm Emanuel’s 2016 revenue ordinance as part of his tax-laden budget proposal. The revenue ordinance included noteworthy changes to the personal property lease transaction...more

McDermott Will & Emery

In Chicago, Taxing the Cloud Will Wait (Mostly) Until 2016

McDermott Will & Emery on

The City of Chicago has announced that it will be delaying the effective date for its recent ruling under the Personal Property Lease Transaction Tax until January 1, 2016. Personal Property Lease Transaction Tax Ruling #12...more

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