Start-ups exempt from Chicago 'cloud tax'

WLS logo
Wednesday, July 8, 2015
In this Friday, Jan. 17, 2014 photo, a person displays Netflix on a tablet in North Andover, Mass. (AP Photo/Elise Amendola)

CHICAGO (WLS) -- The city of Chicago is making changes to its new tax on cloud-based services, such as Netflix and the subscription version of Spotify.

The mayor's office announced that start-ups and small businesses will be exempt from the tax to encourage new tech jobs to come to the city.