Chicago Authorities Say Federal Law Permits Social Media TaxChicago’s social media amusement tax isn’t preempted by a federal law protecting electronic commerce from discriminatory taxes because there are no offline services similar to social media, city authorities said in a filing.Bloomberg Tax News2d agoWhole story →TechnologyCulturechicago social media tax lawsuit
Newsom Signs Bills Expanding California Film and TV Tax CreditsCalifornia Gov. Gavin Newsom (D) signed two measures Saturday expanding tax incentives for the state’s entertainment industry, including one for post-production work.Bloomberg Tax News19d agoWhole story →CultureEconomyGavin Newsomcalifornia film tax credits expansion
Illinois Taxes on Ads, Social Media Meet First Legal ChallengesIllinois’s new taxes on social media and targeted advertising are preempted by federal law and violate the US Constitution, tech industry trade association NetChoice told a state trial court in a pair of complaints filed Friday.Bloomberg Tax News27d agoWhole story →TechnologyCultureillinois ad tax lawsuit